Taman Cermai

13500 Permatang Pauh, Pulau Pinang, Malaysia

Property Transactions

2 subsales grouped by size

Median
RM 532,500
PSF
RM 200
Price Size
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
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Taman Cermai, 13500 Permatang Pauh, Pulau Pinang, Malaysia

Maps

Taman Cermai in Seberang Perai Tengah, Penang recorded 2 Double Storey Shop properties subsale transactions between 2021 and 2026, with a median price of RM 533K and a median price per square foot (PSF) of RM 200.

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 533K, with most transactions falling within a stable range of RM 325K to RM 740K, and a typical market range of RM 510K to RM 555K.

Within the Double Storey Shop category, 2 - 2 1/2 storey terraced dominated the market, though some variety exists in the market.

Price per square foot shows a median of RM 200, though individual units vary from RM 122 to RM 278 in the core range. The broader market spans RM 181.79 to RM 218.79, indicating diverse property characteristics. A wider spread (IQR: RM 37.00) and deviation (MAD: RM 78) 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.