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.

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

For price per square foot, the median is RM 254, with most transactions between RM 253 and RM 255. The usual range is RM 163.50 to RM 343.50, showing that most units are priced quite close to each other. With an IQR of RM 180.00 and MAD of RM 1, the PSF demonstrates reasonable consistency across the market.

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

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