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 267K to RM 450K, 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 314 and RM 470. Market pricing typically extends from RM 334.38 to RM 449.63, reflecting moderate variation in unit pricing. The spread of RM 115.25 (IQR) and deviation of RM 78 (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. Moderate transaction volume may require patience when buying or selling.
