Taman Lembah Permai
10, Jalan Lembah Permai, 14000 Bukit Mertajam, Pulau Pinang, Malaysia
10, Jalan Lembah Permai, 14000 Bukit Mertajam, Pulau Pinang, Malaysia
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Market Snapshot
ResidentialRM 2,150,000
RM 383 psfMedian transaction price
10, Jalan Lembah Permai, 14000 Bukit Mertajam, Pulau Pinang, Malaysia
MapsTaman Lembah Permai in Seberang Perai Tengah, Penang recorded 0 subsale transactions in 2021, with a median price of RM 1.87 million and a median price per square foot (PSF) of RM 1,061.
This area contains both residential and commercial properties. View 1 residential properties or 5 commercial properties separately for more focused analysis.
Price remained flat, and PSF growth was PSF remained flat. The median price is RM 1.87 million, with most transactions falling within a stable range of RM 1.47 million to RM 2.27 million, and a typical market range of RM 1.52 million to RM 2.21 million.
Most transactions involved 2 - 2 1/2 storey shop, with moderate diversity in property types available.
The median PSF stands at RM 1,061, with core pricing between RM 865 and RM 1,257. Market pricing typically extends from RM 868.00 to RM 1,254.00, reflecting moderate variation in unit pricing. The spread of RM 386.00 (IQR) and deviation of RM 196 (MAD) suggest moderate price variations reflecting different property features.
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. Limited transaction history suggests carefully evaluating comparable sales data.