Taman Lembah Permai

10, Jalan Lembah Permai, 14000 Bukit Mertajam, Pulau Pinang, Malaysia

Property Transactions

5 subsales grouped by size

Median
RM 1,680,000
PSF
RM 534
Price Size
2,550 sqft
2-Sty Shop
RM 1,350,000
Jalan Lembah Permai 1
2,530 sqft · RM 534 PSF
RM 1,680,000
Jalan Lembah Permai 4
2,530 sqft · RM 664 PSF
RM 1,350,000
Jalan Lembah Permai 1
2,530 sqft · RM 534 PSF
5,100 sqft
3-Sty Shop
RM 2,400,000
Jalan Lembah Permai 4
5,113 sqft · RM 469 PSF
5,600 sqft
Bungalow
RM 2,150,000
Lorong Lembah Permai 3
5,608 sqft · RM 383 PSF
Legend Recent Highest Price Highest PSF

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Market Snapshot

Residential

RM 2,150,000

RM 383 psf

Median transaction price

Low

Rental Yield Data

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Taman Lembah Permai
© OpenStreetMap · CARTO

10, Jalan Lembah Permai, 14000 Bukit Mertajam, Pulau Pinang, Malaysia

Maps

Taman Lembah Permai in Seberang Perai Tengah, Penang recorded 5 subsale transactions in 2023, with a median price of RM 1.68 million and a median price per square foot (PSF) of RM 534.

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 1.68 million, with most transactions falling within a stable range of RM 1.35 million to RM 2.10 million, and a typical market range of RM 1.35 million to RM 2.03 million.

Most transactions involved 2 - 2 1/2 storey shop, with moderate diversity in property types available.

The median PSF stands at RM 534, with core pricing between RM 442 and RM 626. Market pricing typically extends from RM 340.70 to RM 726.70, reflecting moderate variation in unit pricing. The spread of RM 386.00 (IQR) and deviation of RM 92 (MAD) suggest moderate price variations reflecting different property features.

While the area has shown positive growth trends, price variations suggest a more dynamic market. This presents opportunities for investors comfortable with moderate volatility. Some price volatility exists, making thorough market research essential before transacting. Limited transaction history suggests carefully evaluating comparable sales data.