Penang
Seberang Perai Tengah
11
TAMAN DESA DAMAI

TAMAN DESA DAMAI

Area Intelligence

2023

Median Price

RM 399,000

PSF: RM 301

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Residential PSF Trends

Median Price

RM 380,000

PSF: RM 279

Commercial PSF Trends

Median Price

RM 450,000

RM 322 PSF

TAMAN DESA DAMAI in Seberang Perai Tengah, Penang recorded 16 subsale transactions in 2023, with a median price of RM 399K and a median price per square foot (PSF) of RM 301.

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 399K, with most transactions falling within a stable range of RM 340K to RM 476K, 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.

The median PSF stands at RM 301, with core pricing between RM 243 and RM 358. Market pricing typically extends from RM 210.50 to RM 390.50, reflecting moderate variation in unit pricing. 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. Limited transaction history suggests carefully evaluating comparable sales data.

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TAMAN DESA DAMAI, Seberang Perai Tengah, Penang

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Transactions

16 transactions grouped by size

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

Min Size (sqft)

Max Size (sqft)

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Road	Price	Land PSF	Land	Date	Type

1,050 sqft

Double Storey Terraced

1,050 sqft

Double Storey Terraced

RM 344,000

LORONG NANGKA 10

1,044 sqft · RM 329 PSF

Aug 2023

RM 350,000

LORONG NANGKA 10

1,044 sqft · RM 335 PSF

Jul 2023

RM 430,000

LORONG NANGKA 10

1,044 sqft · RM 412 PSF

May 2023

LORONG NANGKA 10	RM 344,000	RM 329	1,044 sqft	Aug 2023
LORONG NANGKA 10	RM 350,000	RM 335	1,044 sqft	Jul 2023
LORONG NANGKA 10	RM 430,000	RM 412	1,044 sqft	May 2023

1,400 sqft

3-Storey Shop

1,400 sqft

3-Storey Shop

RM 450,000

JALAN KEBUN SIREH

1,399 sqft · RM 322 PSF

Dec 2023

JALAN KEBUN SIREH

RM 450,000

RM 322

1,399 sqft

Dec 2023

1,550 sqft

Double Storey Terraced

1,550 sqft

Double Storey Terraced

RM 550,000

LORONG NANGKA 7

1,539 sqft · RM 357 PSF

Dec 2023

RM 430,000

LORONG NANGKA 1

1,539 sqft · RM 279 PSF

Nov 2023

RM 360,000

LORONG NANGKA 4

1,539 sqft · RM 234 PSF

Nov 2023

RM 380,000

LORONG NANGKA 7

1,539 sqft · RM 247 PSF

Oct 2023

RM 550,000

LORONG NANGKA 1

1,539 sqft · RM 357 PSF

Sep 2023

RM 370,000

LORONG NANGKA 2

1,539 sqft · RM 240 PSF

Sep 2023

LORONG NANGKA 7	RM 550,000	RM 357	1,539 sqft	Dec 2023
LORONG NANGKA 1	RM 430,000	RM 279	1,539 sqft	Nov 2023
LORONG NANGKA 4	RM 360,000	RM 234	1,539 sqft	Nov 2023
LORONG NANGKA 7	RM 380,000	RM 247	1,539 sqft	Oct 2023
LORONG NANGKA 1	RM 550,000	RM 357	1,539 sqft	Sep 2023
LORONG NANGKA 2	RM 370,000	RM 240	1,539 sqft	Sep 2023