Area Intelligence

TMN DESA DAMAI

7 properties
Double Storey Shop
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Median Price
RM 740,000
PSF: RM 422

Residential Market

Median Price

RM 344,000

IQR: RM 157
MAD: RM 88
RM 234 PSF 4.0%

PSF Trends (2021-2025)

Commercial Market

Median Price

RM 740,000

IQR: RM 102
MAD: RM 73
RM 422 PSF 7.5%

PSF Trends (2021-2025)

TMN DESA DAMAI in Seberang Perai Tengah, Penang recorded 7 Double Storey Shop properties subsale transactions between 2021 and 2025 for double storey shop properties, with a median price of RM 740K and a median price per square foot (PSF) of RM 422.

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 740K, with most transactions falling within a stable range of RM 622K to RM 858K, and a typical market range of RM 590K to RM 950K.

Within the Double Storey Shop category, 2 - 2 1/2 storey terraced dominated the market, with high diversity across multiple property types.

The median PSF stands at RM 422, with core pricing between RM 377 and RM 467. Market pricing typically extends from RM 331.50 to RM 512.50, reflecting moderate variation in unit pricing. With an IQR of RM 181.00 and MAD of RM 45, the PSF demonstrates reasonable consistency across the market.

While the area has shown positive growth trends, price variations suggest a more dynamic market. This presents opportunities for investors comfortable with moderate volatility. Some price volatility exists, making thorough market research essential before transacting. Limited transaction history suggests carefully evaluating comparable sales data.

Area Location

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TMN DESA DAMAI, Seberang Perai Tengah, Penang

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Transactions

7 properties grouped by size

1,750 sqft
6 units Double Storey Shop
RM 650,000
JALAN PADANG LALLANG
1,755 sqft · RM 370.00 PSF
Jan 2024
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
JALAN NANGKA
1,765 sqft · RM 425.00 PSF
Mar 2022
RM 750,000
LEBUH NANGKA 1
1,755 sqft · RM 427.00 PSF
Mar 2022
RM 590,000
LEBUH NANGKA 1
1,765 sqft · RM 334.00 PSF
Feb 2022
2,050 sqft
1 units Double Storey Shop
RM 1,000,000
LEBUH KECIL NANGKA
2,045 sqft · RM 489.00 PSF
Aug 2024