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. The median price is RM 333K, with most transactions falling within a stable range of RM 500K to RM 436K, and a typical market range of RM 500K to RM 542K.

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

The median PSF stands at RM 254, with core pricing between RM 206 and RM 301. Market pricing typically extends from RM 163.50 to RM 343.50, reflecting moderate variation in unit pricing. The spread of RM 180.00 (IQR) and deviation of RM 47 (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.

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TAMAN DESA DAMAI, Seberang Perai Tengah, Penang

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Transactions

8 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

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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

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Road	Price	Land PSF	Land	Date	Type

1,400 sqft

3-Storey Shop

1,400 sqft

3-Storey Shop

RM 608,000

JALAN KEBUN SIREH/LORONG NANGK

1,399 sqft · RM 434 PSF

Apr 2022

JALAN KEBUN SIREH/LORONG NANGK

RM 608,000

RM 434

1,399 sqft

Apr 2022

1,550 sqft

Double Storey Terraced

1,550 sqft

Double Storey Terraced

RM 500,000

LORONG NANGKA 7

1,539 sqft · RM 325 PSF

Aug 2022

RM 500,000

LORONG NANGKA 3

1,539 sqft · RM 325 PSF

Feb 2022

LORONG NANGKA 7	RM 500,000	RM 325	1,539 sqft	Aug 2022
LORONG NANGKA 3	RM 500,000	RM 325	1,539 sqft	Feb 2022

1,750 sqft

Double Storey Shop

1,750 sqft

Double Storey Shop

RM 740,000

LEBUH NANGKA 1

1,755 sqft · RM 422 PSF

Sep 2022

RM 735,000

JALAN PADANG LALLANG

1,765 sqft · RM 416 PSF

Aug 2022

RM 750,000

JALAN NANGKA

1,765 sqft · RM 425 PSF

Mar 2022

RM 750,000

LEBUH NANGKA 1

1,755 sqft · RM 427 PSF

Mar 2022

RM 590,000

LEBUH NANGKA 1

1,765 sqft · RM 334 PSF

Feb 2022

LEBUH NANGKA 1	RM 740,000	RM 422	1,755 sqft	Sep 2022
JALAN PADANG LALLANG	RM 735,000	RM 416	1,765 sqft	Aug 2022
JALAN NANGKA	RM 750,000	RM 425	1,765 sqft	Mar 2022
LEBUH NANGKA 1	RM 750,000	RM 427	1,755 sqft	Mar 2022
LEBUH NANGKA 1	RM 590,000	RM 334	1,765 sqft	Feb 2022