TAMAN PERMATA

Area Intelligence

2023

Median Price

RM 90,000

PSF: RM 166

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Residential PSF Trends

Median Price

RM 90,000

PSF: RM 166

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.

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

For price per square foot, the median is RM 166, with most transactions between RM 166 and RM 166. The usual range is RM 120.75 to RM 211.25, showing that most units are priced quite close to each other. With an IQR of RM 90.50 and MAD of RM 0, 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. Significant price variations suggest comparing multiple properties and timing the market carefully. Moderate transaction volume may require patience when buying or selling.

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TAMAN PERMATA, Seberang Perai Tengah, Penang

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