TAMAN DESA ARA PERMAI

Area Intelligence
2022
Median Price
RM 452,000
PSF: RM 268

Residential PSF Trends

Median Price

RM 293,000

PSF: RM 168

Commercial PSF Trends

Median Price

RM 580,000

RM 408 PSF

TAMAN DESA ARA PERMAI in Seberang Perai Utara, Penang recorded 16 subsale transactions in 2022, with a median price of RM 452K and a median price per square foot (PSF) of RM 268.

This area contains both residential and commercial properties. View 40 residential properties or 13 commercial properties separately for more focused analysis.

Price remained flat, and PSF growth was PSF remained flat. The median price is RM 452K, with most transactions falling within a stable range of RM 500K to RM 495K, and a typical market range of RM 500K to RM 549K.

Most transactions involved 1 - 1 1/2 storey terraced, with high diversity across multiple property types.

The median PSF stands at RM 268, with core pricing between RM 232 and RM 304. Market pricing typically extends from RM 197.50 to RM 338.50, reflecting moderate variation in unit pricing. With an IQR of RM 141.00 and MAD of RM 36, the PSF demonstrates reasonable consistency across the market.

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.

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TAMAN DESA ARA PERMAI, Seberang Perai Utara, Penang

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Transactions

7 transactions grouped by size

1,400 sqft
Double Storey Shop
RM 610,000
JALAN DESA ARA PERMAI 1
1,399 sqft · RM 436 PSF
RM 500,000
JALAN DESA ARA PERMAI 1
1,399 sqft · RM 357 PSF
RM 610,000
JALAN DESA ARA PERMAI 1
1,399 sqft · RM 436 PSF
RM 610,000
JALAN DESA ARA PERMAI 1
1,399 sqft · RM 436 PSF
RM 532,000
JALAN DESA ARA PERMAI 1
1,399 sqft · RM 380 PSF
RM 610,000
JALAN DESA ARA PERMAI 1
1,399 sqft · RM 436 PSF
1,550 sqft
Double Storey Shop
RM 550,000
JALAN DESA ARA PERMAI 1
1,539 sqft · RM 357 PSF

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

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