Penang
Seberang Perai Tengah
11
TAMAN DESA DAMAI

TAMAN DESA DAMAI

Area Intelligence

2022

Median Price

RM 332,500

PSF: RM 254

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Residential PSF Trends

Median Price

RM 300,000

PSF: RM 205

Commercial PSF Trends

Median Price

RM 737,500

RM 424 PSF

TAMAN DESA DAMAI in Seberang Perai Tengah, Penang recorded 30 subsale transactions in 2022, with a median price of RM 333K and a median price per square foot (PSF) of RM 254.

This area contains both residential and commercial properties. View 68 residential properties or 13 commercial properties separately for more focused analysis.

Price remained flat, and PSF growth was PSF remained flat. The median price is RM 333K, with most transactions falling within a stable range of RM 239K to RM 300K, and a typical market range of RM 123K to RM 300K.

Most transactions involved 2 - 2 1/2 storey terraced, with high diversity across multiple property types.

Price per square foot shows a median of RM 254, though individual units vary from RM 199 to RM 308 in the core range. The broader market spans RM 163.50 to RM 343.50, indicating diverse property characteristics. The spread of RM 180.00 (IQR) and deviation of RM 55 (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. Significant price variations suggest comparing multiple properties and timing the market carefully. Moderate transaction volume may require patience when buying or selling.

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TAMAN DESA DAMAI, Seberang Perai Tengah, Penang

OSM

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Transactions

14 transactions found

Popular Ranges

Under RM 300k RM 300k - 500k RM 500k - 750k RM 750k - 1M RM 1M - 2M RM 2M+

Custom Range

Min Price (RM)

Max Price (RM)

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Size Range (sqft)

Popular Ranges

Under 1,000 sqft 1,000 - 2,000 sqft 2,000 - 3,000 sqft 3,000 - 5,000 sqft 5,000 - 10,000 sqft 10,000+ sqft

Custom Range

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Max Size (sqft)

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RM 300,000

LORONG NANGKA 10

1,044 sqft • RM 287.00 PSF

Sep 2022

RM 115,000

Level 1

538 sqft • RM 214.00 PSF

Sep 2022

RM 57,000

Level 4

603 sqft • RM 95.00 PSF

Aug 2022

RM 79,000

Level 2

538 sqft • RM 147.00 PSF

Jul 2022

RM 60,000

Level 3

538 sqft • RM 111.00 PSF

Jul 2022

RM 65,000

Level 4

603 sqft • RM 108.00 PSF

Jul 2022

RM 65,000

Level 5

603 sqft • RM 108.00 PSF

Jul 2022

RM 78,000

Level 5

700 sqft • RM 111.00 PSF

Jun 2022

RM 85,000

Level 1

538 sqft • RM 158.00 PSF

May 2022

RM 53,000

Level 4

710 sqft • RM 75.00 PSF

May 2022

RM 300,000

LORONG NANGKA 7

1,539 sqft • RM 195.00 PSF

Apr 2022

RM 80,000

Level 1

538 sqft • RM 149.00 PSF

Apr 2022

RM 81,000

Level 1

538 sqft • RM 151.00 PSF

Apr 2022

RM 300,000

LORONG NANGKA 6

1,539 sqft • RM 195.00 PSF

Jan 2022

Road	Price	Land PSF	Land	Date	Type
LORONG NANGKA 10	RM 300,000	RM 287.00	1,044 sqft	Sep 2022	Double Storey Terraced
Level 1	RM 115,000	RM 214.00	538 sqft	Sep 2022	Low-Cost Flat
Level 4	RM 57,000	RM 95.00	603 sqft	Aug 2022	Low-Cost Flat
Level 2	RM 79,000	RM 147.00	538 sqft	Jul 2022	Low-Cost Flat
Level 3	RM 60,000	RM 111.00	538 sqft	Jul 2022	Low-Cost Flat
Level 4	RM 65,000	RM 108.00	603 sqft	Jul 2022	Low-Cost Flat
Level 5	RM 65,000	RM 108.00	603 sqft	Jul 2022	Low-Cost Flat
Level 5	RM 78,000	RM 111.00	700 sqft	Jun 2022	Low-Cost Flat
Level 1	RM 85,000	RM 158.00	538 sqft	May 2022	Low-Cost Flat
Level 4	RM 53,000	RM 75.00	710 sqft	May 2022	Low-Cost Flat
LORONG NANGKA 7	RM 300,000	RM 195.00	1,539 sqft	Apr 2022	Double Storey Terraced
Level 1	RM 80,000	RM 149.00	538 sqft	Apr 2022	Low-Cost Flat
Level 1	RM 81,000	RM 151.00	538 sqft	Apr 2022	Low-Cost Flat
LORONG NANGKA 6	RM 300,000	RM 195.00	1,539 sqft	Jan 2022	Double Storey Terraced