Penang
Barat Daya
12
JALAN PERMATANG DAMAR LAUT

JALAN PERMATANG DAMAR LAUT

Area Intelligence

2024

Median Price

RM 300,000

PSF: RM 205

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Residential PSF Trends

Median Price

RM 300,000

PSF: RM 205

JALAN PERMATANG DAMAR LAUT in Barat Daya, Penang recorded 1 subsale transactions in 2024, with a median price of RM 300K and a median price per square foot (PSF) of RM 205.

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 300K, with most transactions falling within a stable range of RM 100K to RM 500K, and a typical market range of RM 140K to RM 460K.

Most transactions involved 2 - 2 1/2 storey semi-detached, with high diversity across multiple property types.

Price per square foot shows a median of RM 205, though individual units vary from RM 89 to RM 322 in the core range. The broader market spans RM 78.88 to RM 331.13, indicating diverse property characteristics. A wider spread (IQR: RM 252.25) and deviation (MAD: RM 117) indicate significant PSF variations, likely due to diverse property types or conditions.

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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JALAN PERMATANG DAMAR LAUT, Barat Daya, Penang

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