Taman Cermai

13500 Permatang Pauh, Pulau Pinang, Malaysia

Property Transactions

3 subsales grouped by size · 2-Sty Terrace →

Median
RM 520,000
PSF
RM 278
Price Size
1,550 sqft
2-Sty Terrace
RM 520,000
Lorong Cermai 7
1,572 sqft · RM 331 PSF
2,650 sqft
2-Sty Shop
RM 740,000
Jalan Samagagah
2,659 sqft · RM 278 PSF
RM 325,000
Lorong Cermai 1
2,659 sqft · RM 122 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 3 subsale transactions between 2021 and 2026, with a median price of RM 520K and a median price per square foot (PSF) of RM 278.

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 520K, with most transactions falling within a stable range of RM 350K to RM 690K, and a typical market range of RM 498K to RM 543K.

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

Price per square foot shows a median of RM 278, though individual units vary from RM 190 to RM 367 in the core range. The broader market spans RM 259.83 to RM 296.83, indicating diverse property characteristics. A wider spread (IQR: RM 37.00) and deviation (MAD: RM 89) indicate significant PSF variations, likely due to diverse property types or conditions.

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.