Taman Cermai
13500 Permatang Pauh, Pulau Pinang, Malaysia
13500 Permatang Pauh, Pulau Pinang, Malaysia
| Road | Price | PSF | Size | Date | Type |
|---|
|
Lorong Cermai 7
|
RM 520,000
|
RM 331
|
1,572 sqft
|
|
|
|
Lorong Cermai 5
|
RM 499,000
|
RM 318
|
1,572 sqft
|
|
|
|
Lorong Cermai 5
|
RM 475,000
|
RM 302
|
1,572 sqft
|
|
|
Jalan Samagagah
|
RM 740,000
|
RM 278
|
2,659 sqft
|
|
|
|
Lorong Cermai 1
|
RM 325,000
|
RM 122
|
2,659 sqft
|
|
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Taman Cermai, 13500 Permatang Pauh, Pulau Pinang, Malaysia
MapsTaman Cermai in Seberang Perai Tengah, Penang recorded 5 subsale transactions between 2021 and 2026, with a median price of RM 499K and a median price per square foot (PSF) of RM 302.
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 RM 499K, with most transactions falling within a stable range of RM 475K to RM 523K, and a typical market range of RM 477K to RM 522K.
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 302, with most transactions between RM 282 and RM 322. The usual range is RM 283.75 to RM 320.75, showing that most units are priced quite close to each other. A typical spread (IQR) of RM 37.00 and an average deviation (MAD) of RM 20 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.