Penang
Timur Laut
Georgetown
TAMAN LUMBA KUDA

TAMAN LUMBA KUDA

Area Intelligence

2023

Median Price

RM 1,550,000

PSF: RM 385

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Residential PSF Trends

Median Price

RM 1,550,000

PSF: RM 385

TAMAN LUMBA KUDA in Timur Laut, Penang recorded 5 subsale transactions in 2023, with a median price of RM 1.55 million and a median price per square foot (PSF) of RM 385.

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

Price remained flat, and PSF growth was PSF remained flat. The median price is RM 1.55 million, with most transactions falling within a stable range of RM 978K to RM 2.12 million, and a typical market range of RM 1.28 million to RM 1.83 million.

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

The median PSF stands at RM 385, with core pricing between RM 327 and RM 443. Market pricing typically extends from RM 335.50 to RM 434.50, reflecting moderate variation in unit pricing. The spread of RM 99.00 (IQR) and deviation of RM 58 (MAD) suggest moderate price variations reflecting different property features.

While the area has shown positive growth trends, price variations suggest a more dynamic market. This presents opportunities for investors comfortable with moderate volatility. Significant price variations suggest comparing multiple properties and timing the market carefully. Limited transaction history suggests carefully evaluating comparable sales data.

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TAMAN LUMBA KUDA, Timur Laut, Penang

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Transactions

5 transactions found

Popular Ranges

Under RM 300k RM 300k - 500k RM 500k - 750k RM 750k - 1M RM 1M - 2M RM 2M+

Custom Range

Min Price (RM)

Max Price (RM)

Clear

Size Range (sqft)

Popular Ranges

Under 1,000 sqft 1,000 - 2,000 sqft 2,000 - 3,000 sqft 3,000 - 5,000 sqft 5,000 - 10,000 sqft 10,000+ sqft

Custom Range

Min Size (sqft)

Max Size (sqft)

Clear

RM 2,250,000

LORONG PADANG TEMBAK

4,329 sqft • RM 520.00 PSF

Dec 2023

RM 599,000

JALAN GOH GUAN HO

1,561 sqft • RM 384.00 PSF

Sep 2023

RM 1,001,000

JALAN GOH GUAN HO

2,605 sqft • RM 384.00 PSF

Sep 2023

RM 1,700,000

LORONG PADANG TEMBAK

3,550 sqft • RM 479.00 PSF

Aug 2023

RM 1,550,000

MEDAN LUMBA KUDA

4,021 sqft • RM 385.00 PSF

Jul 2023

Road	Price	Land PSF	Land	Date	Type
LORONG PADANG TEMBAK	RM 2,250,000	RM 520.00	4,329 sqft	Dec 2023	Double Storey Semi-D
JALAN GOH GUAN HO	RM 599,000	RM 384.00	1,561 sqft	Sep 2023	Double Storey Semi-D
JALAN GOH GUAN HO	RM 1,001,000	RM 384.00	2,605 sqft	Sep 2023	Double Storey Semi-D
LORONG PADANG TEMBAK	RM 1,700,000	RM 479.00	3,550 sqft	Aug 2023	Double Storey Semi-D
MEDAN LUMBA KUDA	RM 1,550,000	RM 385.00	4,021 sqft	Jul 2023	Double Storey Semi-D