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.

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

For price per square foot, the median is RM 340, with most transactions between RM 340 and RM 340. The usual range is RM 282.38 to RM 397.63, showing that most units are priced quite close to each other. With an IQR of RM 115.25 and MAD of RM 0, 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.

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TAMAN DESA MURNI, Seberang Perai Utara, Penang

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