Taman Cermai

13500 Permatang Pauh, Pulau Pinang, Malaysia

Property Transactions

5 subsales grouped by size · 2-Sty Terrace →

Period
transactions middle 50% (P25–P75)
1,550 sqft
2-Sty Terrace
RM520,000
Lorong Cermai 7
1,572 sqft · RM331 PSF
RM499,000
Lorong Cermai 5
1,572 sqft · RM318 PSF
RM475,000
Lorong Cermai 5
1,572 sqft · RM302 PSF
2,650 sqft
2-Sty Shop
RM740,000
Jalan Samagagah
2,659 sqft · RM278 PSF
RM325,000
Lorong Cermai 1
2,659 sqft · RM122 PSF
Legend Recent Highest Price Highest PSF

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Taman Cermai
© OpenStreetMap · CARTO

Taman Cermai, 13500 Permatang Pauh, Pulau Pinang, Malaysia

Maps

Taman Cermai in Seberang Perai Tengah, Penang recorded 5 subsale transactions between 2021 and 2026, with a median price of RM499K and a median price per square foot (PSF) of RM302.

This area contains both residential and commercial properties. View 3 residential properties or 2 commercial properties separately for more focused analysis.

Price remained flat, and PSF growth was PSF remained flat. The median price is RM499K, with most transactions falling within a stable range of RM475K to RM523K, and a typical market range of RM477K to RM522K.

Most transactions involved 2 - 2 1/2 storey terraced, though some variety exists in the market.

For price per square foot, the median is RM302, with most transactions between RM282 and RM322. The usual range is RM283.75 to RM320.75, showing that most units are priced quite close to each other. A typical spread (IQR) of RM37.00 and an average deviation (MAD) of RM20 indicate a highly stable PSF trend across properties.

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.