TAMAN PERMATA

Area Intelligence

2022

Median Price

RM 310,000

PSF: RM 292

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Residential PSF Trends

Median Price

RM 310,000

PSF: RM 292

TAMAN PERMATA in Seberang Perai Tengah, Penang recorded 2 subsale transactions in 2022, with a median price of RM 310K and a median price per square foot (PSF) of RM 292.

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 310K, with most transactions falling within a stable range of RM 300K to RM 320K, and a typical market range of RM 300K to RM 320K.

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

For price per square foot, the median is RM 292, with most transactions between RM 268 and RM 316. The usual range is RM 246.75 to RM 337.25, showing that most units are priced quite close to each other. With an IQR of RM 90.50 and MAD of RM 24, 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. Moderate price stability provides a balanced market for both buyers and sellers. Limited transaction history suggests carefully evaluating comparable sales data.

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TAMAN PERMATA, Seberang Perai Tengah, Penang

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