TAMAN DESA MURNI in Seberang Perai Utara, Penang recorded 28 subsale transactions in 2024, with a median price of RM 360K and a median price per square foot (PSF) of RM 392.
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 360K, with most transactions falling within a stable range of RM 310K to RM 410K, and a typical market range of RM 313K to RM 407K.
Most transactions involved 2 - 2 1/2 storey terraced, with moderate diversity in property types available.
The median PSF stands at RM 392, with core pricing between RM 334 and RM 450. Market pricing typically extends from RM 334.38 to RM 449.63, reflecting moderate variation in unit pricing. With an IQR of RM 115.25 and MAD of RM 58, the PSF demonstrates reasonable consistency across the market.
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. Moderate transaction volume may require patience when buying or selling.