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 288K to RM 295K, and a typical market range of RM 280K to RM 295K.
Most transactions involved 1 - 1 1/2 storey terraced, with high diversity across multiple property types.
For price per square foot, the median is RM 175, with most transactions between RM 171 and RM 180. The usual range is RM 104.50 to RM 245.50, showing that most units are priced quite close to each other. With an IQR of RM 141.00 and MAD of RM 5, 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.
