TAMAN LUMBA KUDA

Area Intelligence
2023
Median Price
RM 1,700,000
PSF: RM 479

Residential PSF Trends

Median Price

RM 1,700,000

PSF: RM 479

TAMAN LUMBA KUDA in Timur Laut, Penang recorded 3 subsale transactions in 2023, with a median price of RM 1.70 million and a median price per square foot (PSF) of RM 479.

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 1.70 million, with most transactions falling within a stable range of RM 1.55 million to RM 2.00 million, and a typical market range of RM 1.55 million to RM 1.98 million.

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

The median PSF stands at RM 479, with core pricing between RM 422 and RM 536. Market pricing typically extends from RM 429.50 to RM 528.50, reflecting moderate variation in unit pricing. With an IQR of RM 99.00 and MAD of RM 57, the PSF demonstrates reasonable consistency across the market.

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

3 transactions grouped by size

3,550 sqft
Double Storey Semi-D
RM 1,700,000
LORONG PADANG TEMBAK
3,550 sqft · RM 479 PSF
4,000 sqft
Double Storey Semi-D
RM 1,550,000
MEDAN LUMBA KUDA
4,021 sqft · RM 385 PSF
4,350 sqft
Double Storey Semi-D
RM 2,250,000
LORONG PADANG TEMBAK
4,329 sqft · RM 520 PSF

No Properties For Sale

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

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