Area Intelligence

TMN DESA DAMAI

4 properties
3-Storey Storey Shop
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Median Price
RM 529,000
PSF: RM 378

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 529,000

IQR: RM 102
MAD: RM 73
RM 378 PSF 7.5%

PSF Trends (2021-2025)

TMN DESA DAMAI in Seberang Perai Tengah, Penang recorded 4 3-Storey Storey Shop properties subsale transactions between 2021 and 2025 for 3-storey storey shop properties, with a median price of RM 529K and a median price per square foot (PSF) of RM 378.

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 529K, with most transactions falling within a stable range of RM 271K to RM 787K, and a typical market range of RM 319K to RM 739K.

Within the 3-Storey Storey Shop category, 2 - 2 1/2 storey terraced dominated the market, with high diversity across multiple property types.

Price per square foot shows a median of RM 378, though individual units vary from RM 175 to RM 581 in the core range. The broader market spans RM 287.50 to RM 468.50, indicating diverse property characteristics. A wider spread (IQR: RM 181.00) and deviation (MAD: RM 203) 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.

Area Location

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TMN DESA DAMAI, Seberang Perai Tengah, Penang

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Transactions

4 properties grouped by size

1,350 sqft
1 units 3-Storey Storey Shop
RM 850,000
JALAN KEBUN SIREH
1,367 sqft · RM 622.00 PSF
Jul 2024
1,400 sqft
2 units 3-Storey Storey Shop
RM 450,000
JALAN KEBUN SIREH
1,399 sqft · RM 322.00 PSF
Dec 2023
RM 608,000
JALAN KEBUN SIREH/LORONG NANGK
1,399 sqft · RM 434.00 PSF
Apr 2022
2,300 sqft
1 units 3-Storey Storey Shop
RM 140,000
JALAN KEBUN SIREH
2,291 sqft · RM 61.00 PSF
Jan 2025