TAMAN DESA MURNI in Seberang Perai Utara, Penang recorded 22 subsale transactions in 2024, with a median price of RM 340K and a median price per square foot (PSF) of RM 386.
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 340K, with most transactions falling within a stable range of RM 290K to RM 390K, and a typical market range of RM 293K to RM 387K.
Most transactions involved 2 - 2 1/2 storey terraced, with moderate diversity in property types available.
The median PSF stands at RM 386, with core pricing between RM 328 and RM 444. Market pricing typically extends from RM 327.88 to RM 443.13, 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. Moderate transaction volume may require patience when buying or selling.
