TAMAN KERAMAT PERMAI in Seberang Perai Selatan, Penang recorded 11 subsale transactions in 2023, with a median price of RM 341K and a median price per square foot (PSF) of RM 268.
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 341K, with most transactions falling within a stable range of RM 539K to RM 404K, and a typical market range of RM 539K to RM 568K.
Most transactions involved 2 - 2 1/2 storey terraced, though some variety exists in the market.
Price per square foot shows a median of RM 268, though individual units vary from RM 197 to RM 339 in the core range. The broader market spans RM 125.50 to RM 410.50, indicating diverse property characteristics. A wider spread (IQR: RM 285.00) and deviation (MAD: RM 71) 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.
