TAMAN CERMAI

TAMAN CERMAI in Seberang Perai Tengah, Penang recorded 2 subsale transactions in 2022, with a median price of RM 487K and a median price per square foot (PSF) of RM 408.

This area contains both residential and commercial properties. View 3 residential properties or 1 commercial properties separately for more focused analysis.

Price remained flat, and PSF growth was PSF remained flat. The median price is RM 487K, with most transactions falling within a stable range of RM 475K to RM 499K, and a typical market range of RM 475K to RM 499K.

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 408, with most transactions between RM 398 and RM 418. The usual range is RM 375.13 to RM 440.88, showing that most units are priced quite close to each other. With an IQR of RM 65.75 and MAD of RM 10, 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. The consistent property type and stable pricing make it easier to assess value and compare trends. Limited transaction history suggests carefully evaluating comparable sales data.