Area Intelligence

TMN PERMAI JAYA

6 properties
2023
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Median Price
RM 263,500
PSF: RM 228

Residential Market

Median Price

RM 263,500

IQR: RM 103
MAD: RM 52
RM 228 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 6 subsale transactions in 2023, with a median price of RM 264K and a median price per square foot (PSF) of RM 228.

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 264K, with most transactions falling within a stable range of RM 90K to RM 503K, and a typical market range of RM 164K to RM 364K.

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

The median PSF stands at RM 228, with core pricing between RM 189 and RM 267. Market pricing typically extends from RM 175.50 to RM 280.50, reflecting moderate variation in unit pricing. The spread of RM 105.00 (IQR) and deviation of RM 39 (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.

Area Location

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TMN PERMAI JAYA, Seberang Perai Tengah, Penang

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Transactions

6 properties grouped by size

500 sqft
3 units Low-Cost Flat
RM 127,000
495 sqft · RM 256.00 PSF
Dec 2023
RM 90,000
495 sqft · RM 182.00 PSF
Jun 2023
RM 125,000
495 sqft · RM 252.00 PSF
Apr 2023
1,400 sqft
1 units Double Storey Terraced
RM 400,000
LORONG PERMAI JAYA 12
1,399 sqft · RM 286.00 PSF
Aug 2023
2,600 sqft
1 units Double Storey Terraced
RM 480,000
JALAN PERMAI JAYA 1
2,583 sqft · RM 186.00 PSF
Jan 2023
3,650 sqft
1 units Double Storey Semi-D
RM 750,000
LORONG PERMAI JAYA 1
3,670 sqft · RM 204.00 PSF
Jul 2023