TMN SERI PERMAI II (PERMAI RESIDENCE)

TMN SERI PERMAI II (PERMAI RESIDENCE) in Seberang Perai Tengah, Penang recorded 4 subsale transactions in 2023, with a median price of RM 604K and a median price per square foot (PSF) of RM 385.

This area consists exclusively of residential properties, with no commercial listings recorded.

Price remained flat, and PSF growth was PSF remained flat. The median price is RM 604K, with most transactions falling within a stable range of RM 588K to RM 658K, and a typical market range of RM 588K to RM 633K.

Most transactions involved 2 - 2 1/2 storey terraced, though some variety exists in the market.

The median PSF stands at RM 385, with core pricing between RM 339 and RM 430. Market pricing typically extends from RM 349.50 to RM 419.50, reflecting moderate variation in unit pricing. With an IQR of RM 70.00 and MAD of RM 46, the PSF demonstrates reasonable consistency across the market.

Overall, the market in this area appears stable with consistent appreciation, making it an attractive option for both investors and homebuyers. The consistent property type and stable pricing make it easier to assess value and compare trends. Limited transaction history suggests carefully evaluating comparable sales data.