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Penang, Seberang Perai Tengah, 2

TAMAN CERMAI

Area Intelligence
Median Price
RM 499,000
PSF: RM 418
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Residential PSF Trends

Median Price

RM 499,000

PSF: RM 418

Commercial PSF Trends

Median Price

RM 532,500

RM 381 PSF

TAMAN CERMAI in Seberang Perai Tengah, Penang recorded 5 subsale transactions between 2021 and 2025, with a median price of RM 499K and a median price per square foot (PSF) of RM 418.

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 366K to RM 632K, 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.

Price per square foot shows a median of RM 418, though individual units vary from RM 322 to RM 514 in the core range. The broader market spans RM 399.50 to RM 436.50, indicating diverse property characteristics. The spread of RM 37.00 (IQR) and deviation of RM 96 (MAD) suggest moderate price variations reflecting different property features.

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 CERMAI, Seberang Perai Tengah, Penang

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Transactions

5 transactions grouped by size

View Type

Grouped View Individual View

Property Type

All Types
Categories
Residential Commercial
Specific Types
Single Storey Semi-D Single Storey Shop Single Storey Terraced Double Storey Semi-D Double Storey Shop Double Storey Terraced 3-Storey Shop 4-Storey Shop 5-Storey Shop 6-Storey Shop Cluster House Condo/Apartment Bungalow Detached Factory Flat Industrial Unit Low-Cost Flat Low-Cost House Office Lot SOHO/SOFO/SOVO Semi-D Factory Service Apartment Shop/Retail Lot Terraced Factory Town House

Year

All Years 2025 2024 2023 2022 2021
Popular Ranges
Under RM 300k RM 300k - 500k RM 500k - 750k RM 750k - 1M RM 1M - 2M RM 2M+
Custom Range
Clear

Size Range (sqft)

Popular Ranges
Under 1,000 sqft 1,000 - 2,000 sqft 2,000 - 3,000 sqft 3,000 - 5,000 sqft 5,000 - 10,000 sqft 10,000+ sqft
Custom Range
Clear
1,200 sqft
Double Storey Terraced
RM 520,000
LORONG CERMAI 7
1,195 sqft · RM 435 PSF
RM 499,000
LORONG CERMAI 5
1,195 sqft · RM 418 PSF
RM 475,000
LORONG CERMAI 5
1,195 sqft · RM 398 PSF
1,400 sqft
Double Storey Shop
RM 740,000
JALAN SAMAGAGAH
1,399 sqft · RM 529 PSF
RM 325,000
LORONG CERMAI 1
1,399 sqft · RM 232 PSF

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There are currently no properties listed for sale in this area.

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