Area Intelligence

TMN PERMAI JAYA

5 properties
2024
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Median Price
RM 500,000
PSF: RM 339

Residential Market

Median Price

RM 500,000

IQR: RM 103
MAD: RM 52
RM 339 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 5 subsale transactions in 2024, with a median price of RM 500K and a median price per square foot (PSF) of RM 339.

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 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 600K.

Most transactions involved 2 - 2 1/2 storey terraced, with high diversity across multiple property types.

The median PSF stands at RM 339, with core pricing between RM 289 and RM 389. Market pricing typically extends from RM 286.50 to RM 391.50, reflecting moderate variation in unit pricing. With an IQR of RM 105.00 and MAD of RM 50, 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. 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

5 properties grouped by size

1,250 sqft
1 units Double Storey Terraced
RM 500,000
LORONG PERMAI JAYA 10
1,259 sqft · RM 397.00 PSF
Jun 2024
1,350 sqft
2 units Double Storey Terraced
RM 420,000
JALAN PERMAI JAYA 1
1,356 sqft · RM 310.00 PSF
Jun 2024
RM 460,000
JALAN PERMAI JAYA 1
1,356 sqft · RM 339.00 PSF
Feb 2024
1,450 sqft
1 units Double Storey Terraced
RM 620,000
LORONG PERMAI JAYA 15
1,464 sqft · RM 424.00 PSF
Apr 2024
3,450 sqft
1 units Double Storey Semi-D
RM 1,010,000
LORONG PERMAI JAYA 1
3,455 sqft · RM 292.00 PSF
Apr 2024