Area Intelligence

RESIDENSI PERMAI

4 properties
2023
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Median Price
RM 700,500
PSF: RM 502

Residential Market

Median Price

RM 700,500

IQR: RM 25
MAD: RM 10
RM 502 PSF 0.5%

PSF Trends (2021-2025)

PROPERTY TYPES OVERVIEW

RESIDENSI PERMAI in Seberang Perai Tengah, Penang recorded 4 subsale transactions in 2023, with a median price of RM 701K and a median price per square foot (PSF) of RM 502.

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 701K, with most transactions falling within a stable range of RM 680K to RM 778K, and a typical market range of RM 680K to RM 721K.

Most transactions involved 2 - 2 1/2 storey terraced, with minimal variety in property types.

The median PSF stands at RM 502, with core pricing between RM 437 and RM 566. Market pricing typically extends from RM 489.00 to RM 514.00, reflecting moderate variation in unit pricing. With an IQR of RM 25.00 and MAD of RM 65, 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.

Area Location

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RESIDENSI PERMAI, Seberang Perai Tengah, Penang

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Transactions

4 properties grouped by size

1,300 sqft
2 units Double Storey Terraced
RM 720,000
JALAN RESIDENSI PERMAI
1,324 sqft · RM 544.00 PSF
Mar 2023
RM 681,000
JALAN RESIDENSI PERMAI
1,281 sqft · RM 532.00 PSF
Jan 2023
1,450 sqft
1 units Double Storey Terraced
RM 680,000
JALAN RESIDENSI PERMAI 1
1,442 sqft · RM 471.00 PSF
Oct 2023
2,300 sqft
1 units Double Storey Terraced
RM 868,000
JALAN RESIDENSI PERMAI
2,282 sqft · RM 380.00 PSF
Jan 2023