TAMAN DESA MURNI in Seberang Perai Utara, Penang recorded 3 subsale transactions in 2021, with a median price of RM 288K and a median price per square foot (PSF) of RM 326.
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 288K, with most transactions falling within a stable range of RM 238K to RM 338K, and a typical market range of RM 241K to RM 335K.
Most transactions involved 2 - 2 1/2 storey terraced, with moderate diversity in property types available.
The median PSF stands at RM 326, with core pricing between RM 268 and RM 384. Market pricing typically extends from RM 268.38 to RM 383.63, reflecting moderate variation in unit pricing. The spread of RM 115.25 (IQR) and deviation of RM 58 (MAD) suggest moderate price variations reflecting different property features.
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. Limited transaction history suggests carefully evaluating comparable sales data.
