Area Intelligence

TMN DESA DAMAI

27 properties
Low-Cost Flat
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Median Price
RM 75,000
PSF: RM 130

Residential Market

Median Price

RM 75,000

IQR: RM 157
MAD: RM 88
RM 130 PSF 4.0%

PSF Trends (2021-2025)

Commercial Market

Median Price

RM 650,000

IQR: RM 102
MAD: RM 73
RM 416 PSF 7.5%

PSF Trends (2021-2025)

TMN DESA DAMAI in Seberang Perai Tengah, Penang recorded 27 Low-Cost Flat properties subsale transactions between 2021 and 2025 for low-cost flat properties, with a median price of RM 75K and a median price per square foot (PSF) of RM 130.

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 75K, with most transactions falling within a stable range of RM 46K to RM 104K, and a typical market range of RM 40K to RM 155K.

Within the Low-Cost Flat 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 130, though individual units vary from RM 83 to RM 177 in the core range. The broader market spans RM 39.50 to RM 220.50, indicating diverse property characteristics. A wider spread (IQR: RM 181.00) and deviation (MAD: RM 47) 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

27 properties grouped by size

550 sqft
13 units (showing 6) Low-Cost Flat
RM 43,000
538 sqft · RM 80.00 PSF
Jun 2024
RM 40,000
538 sqft · RM 74.00 PSF
Jan 2024
RM 78,000
538 sqft · RM 145.00 PSF
Sep 2023
RM 75,000
538 sqft · RM 139.00 PSF
Aug 2023
RM 57,000
538 sqft · RM 106.00 PSF
Jul 2023
RM 70,000
538 sqft · RM 130.00 PSF
Jun 2023
600 sqft
10 units (showing 6) Low-Cost Flat
RM 64,000
603 sqft · RM 106.00 PSF
Oct 2024
RM 140,000
603 sqft · RM 232.00 PSF
Jul 2024
RM 155,000
592 sqft · RM 262.00 PSF
Jul 2024
RM 107,000
592 sqft · RM 181.00 PSF
Feb 2024
RM 80,000
603 sqft · RM 133.00 PSF
Jan 2024
RM 70,000
592 sqft · RM 118.00 PSF
Dec 2023
700 sqft
3 units Low-Cost Flat
RM 150,000
700 sqft · RM 214.00 PSF
Jan 2024
RM 78,000
700 sqft · RM 111.00 PSF
Jun 2022
RM 53,000
710 sqft · RM 75.00 PSF
May 2022
750 sqft
1 units Low-Cost Flat
RM 65,000
743 sqft · RM 88.00 PSF
Jan 2024