Taman Lumba Kuda
11400 George Town, Pulau Pinang, Malaysia
11400 George Town, Pulau Pinang, Malaysia
| Road | Price | PSF | Size | Date | Type |
|---|
|
Jalan Sekolah La Salle
|
RM 1,100,000
|
RM 741
|
1,485 sqft
|
|
|
Lorong Lumba Kuda
|
RM 1,200,000
|
RM 706
|
1,701 sqft
|
|
|
Jalan Sekolah La Salle
|
RM 1,390,000
|
RM 778
|
1,787 sqft
|
|
|
Jalan Joki
|
RM 2,200,000
|
RM 483
|
4,553 sqft
|
|
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Market Snapshot
ResidentialRM 1,295,000
RM 723 psfMedian transaction price
Taman Lumba Kuda, 11400 George Town, Pulau Pinang, Malaysia
MapsTaman Lumba Kuda in Timur Laut, Penang recorded 4 subsale transactions in 2024, with a median price of RM 1.30 million and a median price per square foot (PSF) of RM 723.
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 1.30 million, with most transactions falling within a stable range of RM 1.10 million to RM 1.73 million, and a typical market range of RM 1.10 million to RM 1.57 million.
Most transactions involved 2 - 2 1/2 storey semi-detached, with moderate diversity in property types available.
The median PSF stands at RM 723, with core pricing between RM 608 and RM 838. Market pricing typically extends from RM 673.56 to RM 772.56, reflecting moderate variation in unit pricing. The spread of RM 99.00 (IQR) and deviation of RM 115 (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.