TAMAN PERMAI JAYA

Area Intelligence
5 subsale transactions
2021
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Median Price
RM 400,000
PSF: RM 234

Residential PSF Trends

Median Price

RM 400,000

PSF: RM 234

Commercial PSF Trends

Median Price

RM 755,000

RM 510 PSF

TAMAN PERMAI JAYA in Seberang Perai Tengah, Penang recorded 5 subsale transactions in 2021, with a median price of RM 400K and a median price per square foot (PSF) of RM 234.

This area contains both residential and commercial properties. View 23 residential properties or 2 commercial properties separately for more focused analysis.

Price remained flat, and PSF growth was PSF remained flat. The median price is RM 400K, with most transactions falling within a stable range of RM 220K to RM 580K, and a typical market range of RM 300K to RM 500K.

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 234, though individual units vary from RM 171 to RM 297 in the core range. The broader market spans RM 181.50 to RM 286.50, indicating diverse property characteristics. A wider spread (IQR: RM 105.00) and deviation (MAD: RM 63) 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. Limited transaction history suggests carefully evaluating comparable sales data.

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TAMAN PERMAI JAYA, Seberang Perai Tengah, Penang

OSM

Transactions

5 transactions grouped by size

Price Range

Clear

Size Range (sqft)

Clear
500 sqft
Low-Cost Flat
RM 65,000
Level G
495 sqft · RM 131.00 PSF
Nov 2021
1,350 sqft
Double Storey Terraced
RM 400,000
LORONG PERMAI JAYA 5
1,356 sqft · RM 295.00 PSF
Nov 2021
1,400 sqft
Double Storey Terraced
RM 380,000
JALAN PERMAI JAYA 2
1,399 sqft · RM 272.00 PSF
Dec 2021
2,550 sqft
Double Storey Terraced
RM 600,000
LORONG PERMAI JAYA 6
2,564 sqft · RM 234.00 PSF
Oct 2021
3,100 sqft
Double Storey Terraced
RM 499,000
LORONG PERMAI JAYA 5
3,100 sqft · RM 161.00 PSF
Nov 2021