TAMAN PERMATA

Area Intelligence

2021

Median Price

RM 389,500

PSF: RM 308

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Residential PSF Trends

Median Price

RM 389,500

PSF: RM 308

TAMAN PERMATA in Seberang Perai Tengah, Penang recorded 2 subsale transactions in 2021, with a median price of RM 390K and a median price per square foot (PSF) of RM 308.

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 390K, with most transactions falling within a stable range of RM 330K to RM 449K, and a typical market range of RM 364K to RM 415K.

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

For price per square foot, the median is RM 308, with most transactions between RM 295 and RM 321. The usual range is RM 262.75 to RM 353.25, showing that most units are priced quite close to each other. With an IQR of RM 90.50 and MAD of RM 13, 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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