Area Intelligence

TMN PERMAI JAYA

9 properties
2022
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Median Price
RM 460,000
PSF: RM 322

Residential Market

Median Price

RM 450,000

IQR: RM 103
MAD: RM 52
RM 322 PSF 13.2%

PSF Trends (2021-2025)

Commercial Market

Median Price

RM 755,000

IQR: RM 39
MAD: RM 39
RM 510 PSF

PSF Trends (2021-2025)

TMN PERMAI JAYA in Seberang Perai Tengah, Penang recorded 9 subsale transactions in 2022, with a median price of RM 460K and a median price per square foot (PSF) of RM 322.

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 460K, with most transactions falling within a stable range of RM 255K to RM 665K, and a typical market range of RM 360K to RM 560K.

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 322, though individual units vary from RM 209 to RM 435 in the core range. The broader market spans RM 269.50 to RM 374.50, indicating diverse property characteristics. A wider spread (IQR: RM 105.00) and deviation (MAD: RM 113) 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. Some price volatility exists, making thorough market research essential before transacting. Limited transaction history suggests carefully evaluating comparable sales data.

Area Location

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TMN PERMAI JAYA, Seberang Perai Tengah, Penang

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Transactions

9 properties grouped by size

500 sqft
1 units Low-Cost Flat
RM 60,000
495 sqft · RM 121.00 PSF
Sep 2022
1,350 sqft
4 units Double Storey Terraced
RM 430,000
JALAN PERMAI JAYA 1
1,356 sqft · RM 317.00 PSF
Jul 2022
RM 430,000
LORONG PERMAI JAYA 9
1,335 sqft · RM 322.00 PSF
Jun 2022
RM 465,000
JALAN PERMAI JAYA 2
1,356 sqft · RM 343.00 PSF
Apr 2022
RM 460,000
LORONG PERMAI JAYA 9
1,356 sqft · RM 339.00 PSF
Jan 2022
1,400 sqft
1 units Double Storey Terraced
RM 450,000
LORONG PERMAI JAYA 11
1,399 sqft · RM 322.00 PSF
Jul 2022
1,450 sqft
1 units Double Storey Shop
RM 810,000
MEDAN PERMAI JAYA
1,475 sqft · RM 549.00 PSF
Apr 2022
1,500 sqft
1 units Double Storey Shop
RM 700,000
MEDAN PERMAI JAYA
1,485 sqft · RM 471.00 PSF
Apr 2022
2,550 sqft
1 units Double Storey Semi-D
RM 685,000
LORONG PERMAI JAYA 2
2,540 sqft · RM 270.00 PSF
Sep 2022