TAMAN DESA DAMAI in Seberang Perai Tengah, Penang recorded 25 subsale transactions in 2023, with a median price of RM 360K and a median price per square foot (PSF) of RM 247.
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 360K, with most transactions falling within a stable range of RM 340K to RM 437K, and a typical market range of RM 340K to RM 550K.
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 247, though individual units vary from RM 189 to RM 305 in the core range. The broader market spans RM 157.00 to RM 337.00, indicating diverse property characteristics. The spread of RM 180.00 (IQR) and deviation of RM 58 (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.
