TAMAN KERAMAT PERMAI in Seberang Perai Selatan, Penang recorded 3 subsale transactions in 2023, with a median price of RM 75K and a median price per square foot (PSF) of RM 114.
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 75K, with most transactions falling within a stable range of RM 68K to RM 82K, and a typical market range of RM 68K to RM 85K.
Most transactions involved 2 - 2 1/2 storey terraced, though some variety exists in the market.
For price per square foot, the median is RM 114, with most transactions between RM 104 and RM 124. The usual range is RM 0.00 to RM 256.50, showing that most units are priced quite close to each other. With an IQR of RM 285.00 and MAD of RM 10, 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.
