TAMAN RANTAU DAMAI Property Investment Analysis

9, Seberang Perai Selatan, Penang

Median Price
RM 334,500
CAGR
+6.3%
Median PSF
RM 184.50
CAGR
+2.3%
Transactions
8
Period
2022-2025

TAMAN RANTAU DAMAI in Seberang Perai Selatan, Penang recorded 8 subsale transactions between 2021 and 2025, with a median price of RM 335K and a median price per square foot (PSF) of RM 185.

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 335K, with most transactions falling within a stable range of RM 295K to RM 375K, and a typical market range of RM 301K to RM 368K.

Most transactions involved 1 - 1 1/2 storey terraced, though some variety exists in the market.

The median PSF stands at RM 185, with core pricing between RM 159 and RM 210. Market pricing typically extends from RM 157.25 to RM 211.75, reflecting moderate variation in unit pricing. With an IQR of RM 54.50 and MAD of RM 26, 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. The consistent property type and stable pricing make it easier to assess value and compare trends. Limited transaction history suggests carefully evaluating comparable sales data.

ADVANCED FILTERS

TRANSACTIONS

8 found
1 - 1 1/2 Storey Terraced
TKT MURAI 4
RM 280,000
PSF: RM 200.00
Area: 1,399 sqft
Date: Jan 2025
1 - 1 1/2 Storey Terraced
LINTANG MURAI
RM 339,000
PSF: RM 197.00
Area: 1,722 sqft
Date: Nov 2024
1 - 1 1/2 Storey Semi-Detached
JLN PERMATANG TOK MAHAT
RM 430,000
PSF: RM 149.00
Area: 2,895 sqft
Date: Aug 2024
1 - 1 1/2 Storey Terraced
TKT MURAI 6
RM 270,000
PSF: RM 126.00
Area: 2,142 sqft
Date: Jun 2024
1 - 1 1/2 Storey Terraced
TINGKAT MURAI 4
RM 330,000
PSF: RM 236.00
Area: 1,399 sqft
Date: Dec 2023
1 - 1 1/2 Storey Terraced
LINTANG MURAI
RM 339,000
PSF: RM 197.00
Area: 1,722 sqft
Date: Feb 2023
1 - 1 1/2 Storey Semi-Detached
SOLOK MURAI
RM 360,000
PSF: RM 113.00
Area: 3,175 sqft
Date: Sep 2022
1 - 1 1/2 Storey Terraced
TINGKAT MURAI 6
RM 240,000
PSF: RM 172.00
Area: 1,399 sqft
Date: Jun 2022