TMN SERI PERMAI II (PERMAI RESIDENCE) Property Investment Analysis

14, Seberang Perai Tengah, Penang

Median Price
RM 594,000
CAGR
+7.7%
Median PSF
RM 369.50
CAGR
+6.5%
Transactions
8
Period
2022-2024

TMN SERI PERMAI II (PERMAI RESIDENCE) in Seberang Perai Tengah, Penang recorded 8 subsale transactions between 2021 and 2025, with a median price of RM 594K and a median price per square foot (PSF) of RM 370.

This area consists exclusively of residential properties, with no commercial listings recorded.

Price remained flat, and PSF growth was PSF remained flat. The median price is RM 594K, with most transactions falling within a stable range of RM 577K to RM 612K, and a typical market range of RM 565K to RM 623K.

Most transactions involved 2 - 2 1/2 storey terraced, though some variety exists in the market.

The median PSF stands at RM 370, with core pricing between RM 328 and RM 412. Market pricing typically extends from RM 334.50 to RM 404.50, reflecting moderate variation in unit pricing. With an IQR of RM 70.00 and MAD of RM 42, the PSF demonstrates reasonable consistency across the market.

Overall, the market in this area appears stable with consistent appreciation, making it an attractive option for both investors and homebuyers. The consistent property type and stable pricing make it easier to assess value and compare trends. Limited transaction history suggests carefully evaluating comparable sales data.

ADVANCED FILTERS

TRANSACTIONS

8 found
2 - 2 1/2 Storey Terraced
LORONG SERI PERMAI 1/1
RM 750,000
PSF: RM 330.00
Area: 2,271 sqft
Date: Sep 2024
2 - 2 1/2 Storey Terraced
LORONG SERI PERMAI 1/1
RM 585,000
PSF: RM 421.00
Area: 1,389 sqft
Date: Jul 2024
2 - 2 1/2 Storey Semi-Detached
LORONG SERI PERMAI 1
RM 720,000
PSF: RM 293.00
Area: 2,454 sqft
Date: Oct 2023
2 - 2 1/2 Storey Terraced
LORONG SERI PERMAI 5
RM 588,000
PSF: RM 387.00
Area: 1,518 sqft
Date: Sep 2023
2 - 2 1/2 Storey Terraced
LORONG SERI PERMAI 5
RM 620,000
PSF: RM 414.00
Area: 1,496 sqft
Date: May 2023
2 - 2 1/2 Storey Terraced
LORONG SERI PERMAI 5
RM 588,000
PSF: RM 382.00
Area: 1,539 sqft
Date: Feb 2023
2 - 2 1/2 Storey Terraced
JALAN SERI PERMAI 1/1
RM 600,000
PSF: RM 305.00
Area: 1,970 sqft
Date: Aug 2022
2 - 2 1/2 Storey Terraced
LORONG SERI PERMAI 5
RM 550,000
PSF: RM 357.00
Area: 1,539 sqft
Date: May 2022