Taman Permai Jaya

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

Property Transactions

5 subsales grouped by size · 2-Sty Terrace →

Median
RM 500,000
PSF
RM 315
Price Size
Period
transactions middle 50% (P25–P75)
1,350 sqft
2-Sty Terrace
RM 420,000
Jalan Permai Jaya 1
1,335 sqft · RM 315 PSF
RM 620,000
Lorong Permai Jaya 15
1,335 sqft · RM 465 PSF
1,550 sqft
2-Sty Terrace
RM 500,000
Lorong Permai Jaya 10
1,550 sqft · RM 323 PSF
1,700 sqft
2-Sty Terrace
RM 460,000
Jalan Permai Jaya 1
1,711 sqft · RM 269 PSF
3,450 sqft
Semi-D
RM 1,010,000
Lorong Permai Jaya 1
3,455 sqft · RM 292 PSF
Legend Recent Highest Price Highest PSF

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Market Snapshot

Residential

RM 500,000

RM 315 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 5 subsale transactions in 2024, with a median price of RM 500K and a median price per square foot (PSF) of RM 315.

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 500K, with most transactions falling within a stable range of RM 420K to RM 715K, and a typical market range of RM 420K to RM 588K.

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 315, though individual units vary from RM 246 to RM 383 in the core range. The broader market spans RM 264.67 to RM 364.67, indicating diverse property characteristics. The spread of RM 100.00 (IQR) and deviation of RM 69 (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. Some price volatility exists, making thorough market research essential before transacting. Limited transaction history suggests carefully evaluating comparable sales data.