KAWASAN PENEMPATAN SEMULA PERMATANG DAMA

KAWASAN PENEMPATAN SEMULA PERMATANG DAMA in Barat Daya, Penang recorded 4 Bungalow properties subsale transactions between 2021 and 2025 for bungalow properties, with a median price of RM 834K and a median price per square foot (PSF) of RM 104.

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 834K, with most transactions falling within a stable range of RM 592K to RM 1.07 million, and a typical market range of RM 737K to RM 930K.

Within the Bungalow category, cluster house dominated the market, though some variety exists in the market.

Price per square foot shows a median of RM 104, though individual units vary from RM 61 to RM 147 in the core range. The broader market spans RM 71.50 to RM 136.50, indicating diverse property characteristics. A wider spread (IQR: RM 65.00) and deviation (MAD: RM 43) 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. Some price volatility exists, making thorough market research essential before transacting. Limited transaction history suggests carefully evaluating comparable sales data.