Penang
Seberang Perai Utara
11
TAMAN DESA MURNI

TAMAN DESA MURNI

Area Intelligence

2022

Median Price

RM 300,000

PSF: RM 340

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Residential PSF Trends

Median Price

RM 300,000

PSF: RM 342

Commercial PSF Trends

Median Price

RM 650,000

RM 310 PSF

TAMAN DESA MURNI in Seberang Perai Utara, Penang recorded 25 subsale transactions in 2022, with a median price of RM 300K and a median price per square foot (PSF) of RM 340.

This area contains both residential and commercial properties. View 79 residential properties or 11 commercial properties separately for more focused analysis.

Price remained flat, and PSF growth was PSF remained flat. The median price is RM 300K, with most transactions falling within a stable range of RM 208K to RM 392K, and a typical market range of RM 253K to RM 347K.

Most transactions involved 2 - 2 1/2 storey terraced, with moderate diversity in property types available.

Price per square foot shows a median of RM 340, though individual units vary from RM 249 to RM 431 in the core range. The broader market spans RM 282.38 to RM 397.63, indicating diverse property characteristics. A wider spread (IQR: RM 115.25) and deviation (MAD: RM 91) indicate significant PSF variations, likely due to diverse property types or conditions.

While the area has shown positive growth trends, price variations suggest a more dynamic market. This presents opportunities for investors comfortable with moderate volatility. Some price volatility exists, making thorough market research essential before transacting. Moderate transaction volume may require patience when buying or selling.

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TAMAN DESA MURNI, Seberang Perai Utara, Penang

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