Penang
Timur Laut
Georgetown
TAMAN LUMBA KUDA

TAMAN LUMBA KUDA

Area Intelligence

2022

Median Price

RM 21,000,000

PSF: RM 335

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Residential PSF Trends

Median Price

RM 21,000,000

PSF: RM 335

TAMAN LUMBA KUDA in Timur Laut, Penang recorded 1 subsale transactions in 2022, with a median price of RM 21.00 million and a median price per square foot (PSF) of RM 335.

This area consists exclusively of residential properties, with no commercial listings recorded.

Price remained flat, and PSF growth was PSF remained flat.

Most transactions involved 2 - 2 1/2 storey semi-detached, with moderate diversity in property types available.

For price per square foot, the median is RM 335, with most transactions between RM 335 and RM 335. The usual range is RM 285.50 to RM 384.50, showing that most units are priced quite close to each other. With an IQR of RM 99.00 and MAD of RM 0, the PSF demonstrates reasonable consistency across the market.

Overall, the market in this area appears stable with consistent appreciation, making it an attractive option for both investors and homebuyers. Despite diverse property types, prices remain relatively stable, offering options for different buyer preferences. Limited transaction history suggests carefully evaluating comparable sales data.

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TAMAN LUMBA KUDA, Timur Laut, Penang

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