TAMAN DESA MURNI

TAMAN DESA MURNI in Seberang Perai Utara, Penang recorded 8 subsale transactions in 2023, with a median price of RM 415K and a median price per square foot (PSF) of RM 312.

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 415K, with most transactions falling within a stable range of RM 304K to RM 526K, and a typical market range of RM 368K to RM 462K.

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

Price per square foot shows a median of RM 312, though individual units vary from RM 233 to RM 391 in the core range. The broader market spans RM 254.38 to RM 369.63, indicating diverse property characteristics. A wider spread (IQR: RM 115.25) and deviation (MAD: RM 79) indicate significant PSF variations, likely due to diverse property types or conditions.

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.