TAMAN DESA MURNI

Area Intelligence
2024
Median Price
RM 360,000
PSF: RM 392

Residential PSF Trends

Median Price

RM 340,000

PSF: RM 386

Commercial PSF Trends

Median Price

RM 730,000

RM 412 PSF

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 620K to RM 497K, and a typical market range of RM 620K 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 340 and RM 444. 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 52, the PSF demonstrates reasonable consistency across the market.

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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Transactions

6 transactions grouped by size

1,400 sqft
Double Storey Shop
RM 620,000
LORONG MURNI 6
1,421 sqft · RM 436 PSF
1,750 sqft
Double Storey Shop
RM 670,000
LORONG MURNI 10
1,733 sqft · RM 387 PSF
2,100 sqft
Terraced Factory
RM 950,000
JALAN MURNI
2,099 sqft · RM 453 PSF
RM 950,000
JALAN MURNI
2,099 sqft · RM 453 PSF
RM 790,000
LORONG MURNI 8
2,088 sqft · RM 378 PSF
RM 650,000
JALAN MURNI
2,110 sqft · RM 308 PSF

No Properties For Sale

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

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