Area Intelligence

TMN SERI PERMAI II (PERMAI RESIDENCE)

2 properties
2024
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Median Price
RM 667,500
PSF: RM 376

Residential Market

Median Price

RM 667,500

IQR: RM 70
MAD: RM 42
RM 376 PSF 6.5%

PSF Trends (2021-2025)

TMN SERI PERMAI II (PERMAI RESIDENCE) in Seberang Perai Tengah, Penang recorded 2 subsale transactions in 2024, with a median price of RM 668K and a median price per square foot (PSF) of RM 376.

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 668K, with most transactions falling within a stable range of RM 585K to RM 750K, and a typical market range of RM 639K to RM 696K.

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

The median PSF stands at RM 376, with core pricing between RM 330 and RM 421. Market pricing typically extends from RM 340.50 to RM 410.50, 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.

Area Location

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TMN SERI PERMAI II (PERMAI RESIDENCE), Seberang Perai Tengah, Penang

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Transactions

2 properties found

Double Storey Terraced LORONG SERI PERMAI 1/1
RM 750,000
2,271 sqft Sep 2024
RM 330.00 PSF
Double Storey Terraced LORONG SERI PERMAI 1/1
RM 585,000
1,389 sqft Jul 2024
RM 421.00 PSF