Penang
Seberang Perai Tengah
14
TAMAN KOTA PERMAI

TAMAN KOTA PERMAI

Area Intelligence

2021

Median Price

RM 360,000

PSF: RM 245

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Residential PSF Trends

Median Price

RM 360,000

PSF: RM 245

Commercial PSF Trends

Median Price

RM 610,000

RM 436 PSF

TAMAN KOTA PERMAI in Seberang Perai Tengah, Penang recorded 2 subsale transactions in 2021, priced between RM 300K and RM 500K, with a median price of RM 360K and a median price per square foot (PSF) of RM 245.

This area contains both residential and commercial properties. View 116 residential properties or 13 commercial properties separately for more focused analysis.

Price remained flat, and PSF growth was PSF remained flat.

Most transactions involved low-cost flat, with high diversity across multiple property types.

For price per square foot, the median is RM 245, with most transactions between RM 232 and RM 257. The usual range is RM 174.09 to RM 315.34, showing that most units are priced quite close to each other. With an IQR of RM 141.25 and MAD of RM 12, the PSF demonstrates reasonable consistency across the market.

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.

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TAMAN KOTA PERMAI, Seberang Perai Tengah, Penang

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