Area Intelligence

TMN DESA DAMAI

23 properties
2024
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Median Price
RM 355,000
PSF: RM 260

Residential Market

Median Price

RM 320,000

IQR: RM 157
MAD: RM 88
RM 236 PSF 4.0%

PSF Trends (2021-2025)

Commercial Market

Median Price

RM 850,000

IQR: RM 102
MAD: RM 73
RM 489 PSF 7.5%

PSF Trends (2021-2025)

TMN DESA DAMAI in Seberang Perai Tengah, Penang recorded 23 subsale transactions in 2024, with a median price of RM 355K and a median price per square foot (PSF) of RM 260.

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 355K, with most transactions falling within a stable range of RM 70K to RM 640K, and a typical market range of RM 145K to RM 565K.

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 260, though individual units vary from RM 132 to RM 389 in the core range. The broader market spans RM 169.50 to RM 350.50, indicating diverse property characteristics. A wider spread (IQR: RM 181.00) and deviation (MAD: RM 129) 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

23 properties grouped by size

550 sqft
2 units 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
600 sqft
5 units 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
700 sqft
1 units Low-Cost Flat
RM 150,000
700 sqft · RM 214.00 PSF
Jan 2024
750 sqft
1 units Low-Cost Flat
RM 65,000
743 sqft · RM 88.00 PSF
Jan 2024
1,050 sqft
2 units Double Storey Terraced
RM 290,000
LORONG NANGKA 8
1,033 sqft · RM 281.00 PSF
Aug 2024
RM 355,000
LORONG NANGKA 12
1,044 sqft · RM 340.00 PSF
Jul 2024
1,350 sqft
1 units 3-Storey Storey Shop
RM 850,000
JALAN KEBUN SIREH
1,367 sqft · RM 622.00 PSF
Jul 2024
1,500 sqft
1 units Double Storey Terraced
RM 350,000
SOLOK NANGKA 3
1,518 sqft · RM 231.00 PSF
Mar 2024
1,550 sqft
4 units Double Storey Terraced
RM 510,000
LORONG NANGKA 4
1,539 sqft · RM 331.00 PSF
Jun 2024
RM 400,000
LORONG NANGKA 7
1,539 sqft · RM 260.00 PSF
May 2024
RM 520,000
LORONG NANGKA 6
1,539 sqft · RM 338.00 PSF
Mar 2024
RM 500,000
LORONG NANGKA 3
1,539 sqft · RM 325.00 PSF
Jan 2024
1,750 sqft
1 units Double Storey Shop
RM 650,000
JALAN PADANG LALLANG
1,755 sqft · RM 370.00 PSF
Jan 2024
1,900 sqft
1 units Double Storey Terraced
RM 450,000
LORONG NANGKA 12
1,884 sqft · RM 239.00 PSF
Aug 2024
2,050 sqft
1 units Double Storey Shop
RM 1,000,000
LEBUH KECIL NANGKA
2,045 sqft · RM 489.00 PSF
Aug 2024
2,100 sqft
1 units Double Storey Terraced
RM 625,000
LEBUH NANGKA 2
2,110 sqft · RM 296.00 PSF
Jun 2024
2,650 sqft
1 units Double Storey Semi-D
RM 900,000
LORONG NANGKA 7
2,669 sqft · RM 337.00 PSF
May 2024
3,450 sqft
1 units Double Storey Terraced
RM 590,000
SOLOK NANGKA 1
3,455 sqft · RM 171.00 PSF
Jan 2024