TAMAN LUMBA KUDA

Area Intelligence
2022
Median Price
RM 1,435,000
PSF: RM 411

Residential PSF Trends

Median Price

RM 1,435,000

PSF: RM 411

TAMAN LUMBA KUDA in Timur Laut, Penang recorded 6 subsale transactions in 2022, with a median price of RM 1.44 million and a median price per square foot (PSF) of RM 411.

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 1.44 million, with most transactions falling within a stable range of RM 1.30 million to RM 1.63 million, and a typical market range of RM 1.30 million to RM 1.71 million.

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

The median PSF stands at RM 411, with core pricing between RM 345 and RM 476. Market pricing typically extends from RM 361.00 to RM 460.00, reflecting moderate variation in unit pricing. The spread of RM 99.00 (IQR) and deviation of RM 65 (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

6 transactions grouped by size

3,150 sqft
Double Storey Semi-D
RM 1,770,000
JALAN JOKI
3,135 sqft · RM 565 PSF
RM 1,300,000
JALAN JOKI
3,155 sqft · RM 412 PSF
3,300 sqft
Double Storey Semi-D
RM 1,500,000
JALAN AIR ITAM
3,317 sqft · RM 452 PSF
3,550 sqft
RM 1,300,000
TAMAN LUMBA KUDA
3,540 sqft · RM 367 PSF
RM 1,370,000
JALAN GOH GUAN HO
3,563 sqft · RM 385 PSF
4,300 sqft
Double Storey Semi-D
RM 1,750,000
JALAN JOKI
4,279 sqft · RM 409 PSF

No Properties For Sale

There are currently no properties listed for sale in this area.

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