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 123K to RM 543K, and a typical market range of RM 123K to RM 542K.
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 166 to RM 342 in the core range. The broader market spans RM 163.50 to RM 343.50, indicating diverse property characteristics. A wider spread (IQR: RM 180.00) and deviation (MAD: RM 88) indicate significant PSF variations, likely due to diverse property types or conditions.
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.
