Taman Permata Indah
14000 Bukit Mertajam, Pulau Pinang, Malaysia
14000 Bukit Mertajam, Pulau Pinang, Malaysia
| Road | Price | PSF | Size | Date | Type |
|---|
|
Jalan Permai
|
RM 480,000
|
RM 348
|
1,378 sqft
|
|
|
|
Tingkat Damai 1
|
RM 488,000
|
RM 354
|
1,378 sqft
|
|
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Market Snapshot
ResidentialRM 484,000
RM 351 psfMedian transaction price
Taman Permata Indah, 14000 Bukit Mertajam, Pulau Pinang, Malaysia
MapsTaman Permata Indah in Seberang Perai Tengah, Penang recorded 2 subsale transactions in 2023, with a median price of RM 484K and a median price per square foot (PSF) of RM 351.
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 484K, with most transactions falling within a stable range of RM 480K to RM 488K, and a typical market range of RM 480K to RM 488K.
Most transactions involved 2 - 2 1/2 storey terraced, though some variety exists in the market.
For price per square foot, the median is RM 351, with most transactions between RM 348 and RM 354. The usual range is RM 250.17 to RM 452.42, showing that most units are priced quite close to each other. With an IQR of RM 202.25 and MAD of RM 3, the PSF demonstrates reasonable consistency across the market.
While the area has shown positive growth trends, price variations suggest a more dynamic market. This presents opportunities for investors comfortable with moderate volatility. Some price volatility exists, making thorough market research essential before transacting. Limited transaction history suggests carefully evaluating comparable sales data.