TAMAN PERMATA

TAMAN PERMATA in Seberang Perai Tengah, Penang recorded 24 subsale transactions in 2023, with a median price of RM 90K and a median price per square foot (PSF) of RM 166.

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 90K, with most transactions falling within a stable range of RM 50K to RM 244K, and a typical market range of RM 64K to RM 116K.

Most transactions involved low-cost flat, though some variety exists in the market.

Price per square foot shows a median of RM 166, though individual units vary from RM 68 to RM 264 in the core range. The broader market spans RM 120.75 to RM 211.25, indicating diverse property characteristics. A wider spread (IQR: RM 90.50) and deviation (MAD: RM 98) indicate significant PSF variations, likely due to diverse property types or conditions.

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. Moderate transaction volume may require patience when buying or selling.