TAMAN DESA ARA PERMAI in Seberang Perai Utara, Penang recorded 3 subsale transactions in 2021, with a median price of RM 295K and a median price per square foot (PSF) of RM 175.
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 295K, with most transactions falling within a stable range of RM 192K to RM 398K, and a typical market range of RM 199K to RM 392K.
Most transactions involved 1 - 1 1/2 storey terraced, with high diversity across multiple property types.
Price per square foot shows a median of RM 175, though individual units vary from RM 79 to RM 271 in the core range. The broader market spans RM 104.50 to RM 245.50, indicating diverse property characteristics. A wider spread (IQR: RM 141.00) and deviation (MAD: RM 96) 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. Significant price variations suggest comparing multiple properties and timing the market carefully. Limited transaction history suggests carefully evaluating comparable sales data.
