Penang
Seberang Perai Utara
13
TAMAN DESA ARA PERMAI

TAMAN DESA ARA PERMAI

Area Intelligence

2021

Median Price

RM 287,500

PSF: RM 180

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Residential PSF Trends

Median Price

RM 287,500

PSF: RM 180

Commercial PSF Trends

Median Price

RM 610,000

RM 436 PSF

TAMAN DESA ARA PERMAI in Seberang Perai Utara, Penang recorded 2 subsale transactions in 2021, with a median price of RM 288K and a median price per square foot (PSF) of RM 180.

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 288K, with most transactions falling within a stable range of RM 280K 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 180, with most transactions between RM 175 and RM 184. The usual range is RM 109.00 to RM 250.00, 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.

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TAMAN DESA ARA PERMAI, Seberang Perai Utara, Penang

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