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Medan Lumba Kuda
PSF median price per sq ft · 12m its change over the past 12 months
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Market Snapshot
ResidentialRM1,060,000
RM698 psfMedian transaction price
Medan Lumba Kuda, 11400 Jelutong, Pulau Pinang, Malaysia
MapsMedan Lumba Kuda in Timur Laut, Penang recorded 1 subsale transactions between 2021 and 2026, sized between 1,475 and 1,524 sqft, with a median price of RM1.06 million and a median price per square foot (PSF) of RM698.
This area consists exclusively of residential properties, with no commercial listings recorded.
Price remained flat, and PSF growth was PSF remained flat.
Most transactions involved flats, with minimal variety in property types.
For price per square foot, the median is RM698, with most transactions between RM698 and RM698. The usual range is RM663.92 to RM732.92, showing that most units are priced quite close to each other. With an IQR of RM69.00 and MAD of RM0, 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. The consistent property type and stable pricing make it easier to assess value and compare trends. Limited transaction history suggests carefully evaluating comparable sales data.