Area Intelligence

TMN DESA DAMAI

25 properties
2023
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Median Price
RM 360,000
PSF: RM 247

Residential Market

Median Price

RM 360,000

IQR: RM 157
MAD: RM 88
RM 237 PSF 4.0%

PSF Trends (2021-2025)

Commercial Market

Median Price

RM 140,000

IQR: RM 102
MAD: RM 73
RM 322 PSF 7.5%

PSF Trends (2021-2025)

TMN 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 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 360K, with most transactions falling within a stable range of RM 186K to RM 534K, and a typical market range of RM 150K 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 157 to RM 337 in the core range. The broader market spans RM 156.50 to RM 337.50, indicating diverse property characteristics. A wider spread (IQR: RM 181.00) and deviation (MAD: RM 90) 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

25 properties grouped by size

450 sqft
1 units Shop/Retail Lot
RM 140,000
431 sqft · RM 325.00 PSF
Sep 2023
550 sqft
6 units
RM 78,000
Low-Cost Flat
538 sqft · RM 145.00 PSF
Sep 2023
RM 75,000
Low-Cost Flat
538 sqft · RM 139.00 PSF
Aug 2023
RM 57,000
Low-Cost Flat
538 sqft · RM 106.00 PSF
Jul 2023
RM 70,000
Low-Cost Flat
538 sqft · RM 130.00 PSF
Jun 2023
RM 65,000
Low-Cost Flat
538 sqft · RM 121.00 PSF
May 2023
RM 140,000
Shop/Retail Lot
527 sqft · RM 265.00 PSF
Mar 2023
600 sqft
2 units Low-Cost Flat
RM 70,000
592 sqft · RM 118.00 PSF
Dec 2023
RM 80,000
603 sqft · RM 133.00 PSF
Mar 2023
1,050 sqft
3 units Double Storey Terraced
RM 344,000
LORONG NANGKA 10
1,044 sqft · RM 329.00 PSF
Aug 2023
RM 350,000
LORONG NANGKA 10
1,044 sqft · RM 335.00 PSF
Jul 2023
RM 430,000
LORONG NANGKA 10
1,044 sqft · RM 412.00 PSF
May 2023
1,400 sqft
1 units 3-Storey Storey Shop
RM 450,000
JALAN KEBUN SIREH
1,399 sqft · RM 322.00 PSF
Dec 2023
1,550 sqft
12 units (showing 6) Double Storey Terraced
RM 550,000
LORONG NANGKA 7
1,539 sqft · RM 357.00 PSF
Dec 2023
RM 430,000
LORONG NANGKA 1
1,539 sqft · RM 279.00 PSF
Nov 2023
RM 360,000
LORONG NANGKA 4
1,539 sqft · RM 234.00 PSF
Nov 2023
RM 380,000
LORONG NANGKA 7
1,539 sqft · RM 247.00 PSF
Oct 2023
RM 550,000
LORONG NANGKA 1
1,539 sqft · RM 357.00 PSF
Sep 2023
RM 360,000
LORONG NANGKA 7
1,539 sqft · RM 234.00 PSF
Sep 2023