TAMAN DESA DAMAI in Seberang Perai Tengah, Penang recorded 23 subsale transactions in 2024, with a median price of RM 355K and a median price per square foot (PSF) of RM 260.
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 355K, with most transactions falling within a stable range of RM 350K to RM 412K, and a typical market range of RM 350K to RM 500K.
Most transactions involved 2 - 2 1/2 storey terraced, with high diversity across multiple property types.
The median PSF stands at RM 260, with core pricing between RM 215 and RM 305. Market pricing typically extends from RM 170.00 to RM 350.00, reflecting moderate variation in unit pricing. The spread of RM 180.00 (IQR) and deviation of RM 45 (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.
