Area Intelligence

TMN DESA DAMAI

30 properties
2022
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Median Price
RM 332,500
PSF: RM 254

Residential Market

Median Price

RM 300,000

IQR: RM 157
MAD: RM 88
RM 205 PSF 4.0%

PSF Trends (2021-2025)

Commercial Market

Median Price

RM 737,500

IQR: RM 102
MAD: RM 73
RM 424 PSF 7.5%

PSF Trends (2021-2025)

TMN 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 67 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 97K to RM 568K, and a typical market range of RM 123K to RM 542K.

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 254, though individual units vary from RM 143 to RM 364 in the core range. The broader market spans RM 163.00 to RM 344.00, indicating diverse property characteristics. A wider spread (IQR: RM 181.00) and deviation (MAD: RM 111) 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. Moderate transaction volume may require patience when buying or selling.

Area Location

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TMN DESA DAMAI, Seberang Perai Tengah, Penang

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Transactions

30 properties grouped by size

550 sqft
6 units Low-Cost Flat
RM 115,000
538 sqft · RM 214.00 PSF
Sep 2022
RM 60,000
538 sqft · RM 111.00 PSF
Jul 2022
RM 79,000
538 sqft · RM 147.00 PSF
Jul 2022
RM 85,000
538 sqft · RM 158.00 PSF
May 2022
RM 80,000
538 sqft · RM 149.00 PSF
Apr 2022
RM 81,000
538 sqft · RM 151.00 PSF
Apr 2022
600 sqft
3 units Low-Cost Flat
RM 57,000
603 sqft · RM 95.00 PSF
Aug 2022
RM 65,000
603 sqft · RM 108.00 PSF
Jul 2022
RM 65,000
603 sqft · RM 108.00 PSF
Jul 2022
700 sqft
2 units Low-Cost Flat
RM 78,000
700 sqft · RM 111.00 PSF
Jun 2022
RM 53,000
710 sqft · RM 75.00 PSF
May 2022
1,050 sqft
3 units Double Storey Terraced
RM 350,000
LORONG NANGKA 12
1,033 sqft · RM 339.00 PSF
Oct 2022
RM 300,000
LORONG NANGKA 10
1,044 sqft · RM 287.00 PSF
Sep 2022
RM 315,000
LORONG NANGKA 8
1,044 sqft · RM 302.00 PSF
Apr 2022
1,400 sqft
1 units 3-Storey Storey Shop
RM 608,000
JALAN KEBUN SIREH/LORONG NANGK
1,399 sqft · RM 434.00 PSF
Apr 2022
1,550 sqft
10 units (showing 6) Double Storey Terraced
RM 370,000
LORONG NANGKA 5
1,539 sqft · RM 240.00 PSF
Sep 2022
RM 500,000
LORONG NANGKA 7
1,539 sqft · RM 325.00 PSF
Aug 2022
RM 400,000
LORONG NANGKA 7
1,539 sqft · RM 260.00 PSF
Jun 2022
RM 400,000
LORONG NANGKA 6
1,539 sqft · RM 260.00 PSF
May 2022
RM 495,000
LORONG NANGKA 9
1,539 sqft · RM 322.00 PSF
Apr 2022
RM 380,000
LORONG NANGKA 7
1,539 sqft · RM 247.00 PSF
Apr 2022
1,750 sqft
5 units Double Storey Shop
RM 740,000
LEBUH NANGKA 1
1,755 sqft · RM 422.00 PSF
Sep 2022
RM 735,000
JALAN PADANG LALLANG
1,765 sqft · RM 416.00 PSF
Aug 2022
RM 750,000
LEBUH NANGKA 1
1,755 sqft · RM 427.00 PSF
Mar 2022
RM 750,000
JALAN NANGKA
1,765 sqft · RM 425.00 PSF
Mar 2022
RM 590,000
LEBUH NANGKA 1
1,765 sqft · RM 334.00 PSF
Feb 2022