Area Intelligence

TMN SERI PERMAI II (PERMAI RESIDENCE)

8 properties
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Median Price
RM 594,000
PSF: RM 370

Residential Market

Median Price

RM 594,000

IQR: RM 70
MAD: RM 42
RM 370 PSF 6.5%

PSF Trends (2021-2025)

TMN SERI PERMAI II (PERMAI RESIDENCE) in Seberang Perai Tengah, Penang recorded 8 subsale transactions between 2021 and 2025, with a median price of RM 594K and a median price per square foot (PSF) of RM 370.

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 594K, with most transactions falling within a stable range of RM 577K to RM 612K, and a typical market range of RM 565K to RM 623K.

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

The median PSF stands at RM 370, with core pricing between RM 328 and RM 412. Market pricing typically extends from RM 334.50 to RM 404.50, reflecting moderate variation in unit pricing. With an IQR of RM 70.00 and MAD of RM 42, 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

8 properties grouped by size

1,400 sqft
1 units Double Storey Terraced
RM 585,000
LORONG SERI PERMAI 1/1
1,389 sqft · RM 421.00 PSF
Jul 2024
1,500 sqft
2 units Double Storey Terraced
RM 588,000
LORONG SERI PERMAI 5
1,518 sqft · RM 387.00 PSF
Sep 2023
RM 620,000
LORONG SERI PERMAI 5
1,496 sqft · RM 414.00 PSF
May 2023
1,550 sqft
2 units Double Storey Terraced
RM 588,000
LORONG SERI PERMAI 5
1,539 sqft · RM 382.00 PSF
Feb 2023
RM 550,000
LORONG SERI PERMAI 5
1,539 sqft · RM 357.00 PSF
May 2022
1,950 sqft
1 units Double Storey Terraced
RM 600,000
JALAN SERI PERMAI 1/1
1,970 sqft · RM 305.00 PSF
Aug 2022
2,250 sqft
1 units Double Storey Terraced
RM 750,000
LORONG SERI PERMAI 1/1
2,271 sqft · RM 330.00 PSF
Sep 2024
2,450 sqft
1 units Double Storey Semi-D
RM 720,000
LORONG SERI PERMAI 1
2,454 sqft · RM 293.00 PSF
Oct 2023