TAMAN DESA MURNI

Area Intelligence
2022
Median Price
RM 630,000
PSF: RM 301

Residential PSF Trends

Median Price

RM 360,000

PSF: RM 251

Commercial PSF Trends

Median Price

RM 650,000

RM 310 PSF

TAMAN DESA MURNI in Seberang Perai Utara, Penang recorded 4 subsale transactions in 2022, with a median price of RM 630K and a median price per square foot (PSF) of RM 301.

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 630K, with most transactions falling within a stable range of RM 486K to RM 750K, and a typical market range of RM 583K to RM 677K.

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

The median PSF stands at RM 301, with core pricing between RM 263 and RM 339. Market pricing typically extends from RM 243.38 to RM 358.63, reflecting moderate variation in unit pricing. With an IQR of RM 115.25 and MAD of RM 38, 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. Limited transaction history suggests carefully evaluating comparable sales data.

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TAMAN DESA MURNI, Seberang Perai Utara, Penang

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Transactions

4 transactions grouped by size

1,450 sqft
Double Storey Terraced
RM 360,000
LORONG MURNI 15
1,432 sqft · RM 251 PSF
2,100 sqft
Terraced Factory
RM 750,000
LORONG DESA MURNI 7
2,099 sqft · RM 357 PSF
RM 650,000
LORONG MURNI 8
2,099 sqft · RM 310 PSF
RM 610,000
LORONG MURNI 7
2,088 sqft · RM 292 PSF

No Properties For Sale

There are currently no properties listed for sale in this area.

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