Area Intelligence

TAMAN TUNAS DAMAI

4 properties
Low-Cost Flat
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Median Price
RM 237,500
PSF: RM 359

Residential Market

Median Price

RM 237,500

IQR: RM 98
MAD: RM 46
RM 359 PSF 5.2%

PSF Trends (2021-2025)

Commercial Market

Median Price

RM 1,400,000

RM 1,000 PSF 0.0%

PSF Trends (2021-2025)

TAMAN TUNAS DAMAI in Barat Daya, Penang recorded 4 Low-Cost Flat properties subsale transactions between 2021 and 2025 for low-cost flat properties, with a median price of RM 238K and a median price per square foot (PSF) of RM 359.

This area contains both residential and commercial properties. View 47 residential properties or 2 commercial properties separately for more focused analysis.

Price remained flat, and PSF growth was PSF remained flat. The median price is RM 238K, with most transactions falling within a stable range of RM 218K to RM 257K, and a typical market range of RM 210K to RM 265K.

Within the Low-Cost Flat category, condominium/apartment dominated the market, with high diversity across multiple property types.

For price per square foot, the median is RM 359, with most transactions between RM 330 and RM 388. The usual range is RM 307.00 to RM 411.00, showing that most units are priced quite close to each other. With an IQR of RM 104.00 and MAD of RM 29, 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. Significant price variations suggest comparing multiple properties and timing the market carefully. Limited transaction history suggests carefully evaluating comparable sales data.

Area Location

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TAMAN TUNAS DAMAI, Barat Daya, Penang

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Transactions

4 properties grouped by size

650 sqft
4 units Low-Cost Flat
RM 235,000
657 sqft · RM 358.00 PSF
Oct 2024
RM 210,000
667 sqft · RM 315.00 PSF
Sep 2024
RM 240,000
667 sqft · RM 360.00 PSF
Oct 2023
RM 265,000
667 sqft · RM 397.00 PSF
Mar 2023