Area Intelligence

TAMAN LIMBUNGAN INDAH

2 properties
2022
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Median Price
RM 599,000
PSF: RM 407

Residential Market

Median Price

RM 599,000

IQR: RM 33
MAD: RM 26
RM 407 PSF 4.1%

PSF Trends (2021-2025)

Commercial Market

Median Price

RM 2,500,000

RM 857 PSF

PSF Trends (2021-2025)

PROPERTY TYPES OVERVIEW

TAMAN LIMBUNGAN INDAH in Seberang Perai Utara, Penang recorded 2 subsale transactions in 2022, with a median price of RM 599K and a median price per square foot (PSF) of RM 407.

This area contains both residential and commercial properties. View 5 residential properties or 1 commercial properties separately for more focused analysis.

Price remained flat, and PSF growth was PSF remained flat. The median price is RM 599K, with most transactions falling within a stable range of RM 548K to RM 650K, and a typical market range of RM 564K to RM 634K.

Most transactions involved 2 - 2 1/2 storey terraced, though some variety exists in the market.

For price per square foot, the median is RM 407, with most transactions between RM 392 and RM 422. The usual range is RM 367.13 to RM 446.88, showing that most units are priced quite close to each other. With an IQR of RM 79.75 and MAD of RM 15, 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. Some price volatility exists, making thorough market research essential before transacting. Limited transaction history suggests carefully evaluating comparable sales data.

Area Location

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TAMAN LIMBUNGAN INDAH, Seberang Perai Utara, Penang

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Transactions

2 properties grouped by size

1,400 sqft
1 units Double Storey Terraced
RM 548,000
LORONG LIMBUNGAN INDAH 5
1,399 sqft · RM 392.00 PSF
Jul 2022
1,550 sqft
1 units Double Storey Terraced
RM 650,000
LORONG LIMBUNGAN INDAH 3
1,539 sqft · RM 422.00 PSF
May 2022