Selling in Medan Lumba Kuda? Homes here sold for a median of RM421,500.
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Medan Lumba Kuda
PSF median price per sq ft · 12m its change over the past 12 months
Most-traded areas in this mukim, by number of recorded subsale transactions. See every area in Georgetown
Market Snapshot
ResidentialRM421,500
RM529 psfMedian transaction price
Medan Lumba Kuda, 11400 Jelutong, Pulau Pinang, Malaysia
MapsMedan Lumba Kuda in Timur Laut, Penang recorded 2 subsale transactions in 2021, with a median price of RM422K and a median price per square foot (PSF) of RM529.
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 RM422K, with most transactions falling within a stable range of RM393K to RM450K, and a typical market range of RM394K to RM449K.
Most transactions involved flats, with minimal variety in property types.
For price per square foot, the median is RM529, with most transactions between RM493 and RM565. The usual range is RM494.67 to RM563.67, showing that most units are priced quite close to each other. With an IQR of RM69.00 and MAD of RM36, the PSF demonstrates reasonable consistency across the market.
Overall, the market in this area appears stable with consistent appreciation, making it an attractive option for both investors and homebuyers. Moderate price stability provides a balanced market for both buyers and sellers. Limited transaction history suggests carefully evaluating comparable sales data.