Taman Permata
14000 Bukit Mertajam, Pulau Pinang, Malaysia
14000 Bukit Mertajam, Pulau Pinang, Malaysia
|
Road
|
Price
|
PSF
|
Size
|
Date
|
Type
|
|---|---|---|---|---|---|
| 2024 | |||||
|
Level 2
|
RM 110,000
|
RM 179
|
614 sqft
|
|
LC Flat |
| 2023 | |||||
|
Level 2
|
RM 75,000
|
RM 122
|
614 sqft
|
|
LC Flat |
|
Level 1
|
RM 70,000
|
RM 114
|
614 sqft
|
|
LC Flat |
|
Level 4
|
RM 110,000
|
RM 179
|
614 sqft
|
|
LC Flat |
| 2022 | |||||
|
Level 2
|
RM 85,000
|
RM 144
|
592 sqft
|
|
LC Flat |
|
Level 1
|
RM 65,000
|
RM 106
|
614 sqft
|
|
LC Flat |
|
Level 1
|
RM 40,000
|
RM 66
|
608 sqft
|
|
LC Flat |
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Market Snapshot
ResidentialRM 75,000
RM 122 psfMedian transaction price
Taman Permata, 14000 Bukit Mertajam, Pulau Pinang, Malaysia
MapsTaman Permata in Seberang Perai Tengah, Penang recorded 7 subsale transactions between 2021 and 2026, sized between 575 and 624 sqft, with a median price of RM 75K and a median price per square foot (PSF) of RM 122.
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 75K, with most transactions falling within a stable range of RM 52K to RM 98K, and a typical market range of RM 49K to RM 101K.
Most transactions involved low-cost flat, though some variety exists in the market.
Price per square foot shows a median of RM 122, though individual units vary from RM 84 to RM 160 in the core range. The broader market spans RM 76.99 to RM 167.49, indicating diverse property characteristics. A wider spread (IQR: RM 90.50) and deviation (MAD: RM 38) 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. Limited transaction history suggests carefully evaluating comparable sales data.