TAMAN DESA DAMAI in Seberang Perai Tengah, Penang recorded 11 subsale transactions in 2022, with a median price of RM 78K and a median price per square foot (PSF) of RM 111.
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 78K, with most transactions falling within a stable range of RM -132,000 to RM 288K, and a typical market range of RM -131,500 to RM 288K.
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 111, though individual units vary from RM 23 to RM 199 in the core range. The broader market spans RM 21.00 to RM 201.00, indicating diverse property characteristics. A wider spread (IQR: RM 180.00) and deviation (MAD: RM 88) indicate significant PSF variations, likely due to diverse property types or conditions.
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.
