TAMAN DAMAI SETIA in Seberang Perai Selatan, Penang recorded 30 subsale transactions in 2023, with a median price of RM 391K and a median price per square foot (PSF) of RM 257.
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 391K, with most transactions falling within a stable range of RM 518K to RM 450K, and a typical market range of RM 518K to RM 458K.
Most transactions involved 2 - 2 1/2 storey terraced, with moderate diversity in property types available.
The median PSF stands at RM 257, with core pricing between RM 220 and RM 294. Market pricing typically extends from RM 207.50 to RM 306.50, reflecting moderate variation in unit pricing. With an IQR of RM 99.00 and MAD of RM 37, 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. Moderate transaction volume may require patience when buying or selling.