Taman Permai Jaya

Lorong Permai Jaya 14, Taman Permai Jaya, 14000 Bukit Mertajam, Pulau Pinang, Malaysia

Property Transactions

6 subsales grouped by size · 2-Sty Terrace →

Median
RM 263,500
PSF
RM 254
Price Size
Period
transactions middle 50% (P25–P75)
500 sqft
LC Flat
RM 127,000
Level 2
495 sqft · RM 256 PSF
RM 90,000
Level 3
495 sqft · RM 182 PSF
RM 125,000
Level G
495 sqft · RM 252 PSF
1,350 sqft
2-Sty Terrace
RM 480,000
Jalan Permai Jaya 1
1,335 sqft · RM 360 PSF
1,550 sqft
2-Sty Terrace
RM 400,000
Lorong Permai Jaya 12
1,550 sqft · RM 258 PSF
3,650 sqft
Semi-D
RM 750,000
Lorong Permai Jaya 1
3,670 sqft · RM 204 PSF
Legend Recent Highest Price Highest PSF

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Market Snapshot

Residential

RM 263,500

RM 254 psf

Median transaction price

Taman Permai Jaya
© OpenStreetMap · CARTO

Lorong Permai Jaya 14, Taman Permai Jaya, 14000 Bukit Mertajam, Pulau Pinang, Malaysia

Maps

Taman Permai Jaya in Seberang Perai Tengah, Penang recorded 6 subsale transactions in 2023, with a median price of RM 264K and a median price per square foot (PSF) of RM 254.

This area contains both residential and commercial properties. View 24 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 264K, with most transactions falling within a stable range of RM 90K to RM 503K, and a typical market range of RM 176K to RM 351K.

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 254, though individual units vary from RM 198 to RM 311 in the core range. The broader market spans RM 204.47 to RM 304.47, indicating diverse property characteristics. The spread of RM 100.00 (IQR) and deviation of RM 56 (MAD) suggest moderate price variations reflecting different property features.

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.