TAMAN DESA ARA PERMAI

Area Intelligence
2023
Median Price
RM 332,500
PSF: RM 227

Residential PSF Trends

Median Price

RM 332,500

PSF: RM 227

Commercial PSF Trends

Median Price

RM 610,000

RM 436 PSF

TAMAN DESA ARA PERMAI in Seberang Perai Utara, Penang recorded 12 subsale transactions in 2023, with a median price of RM 333K and a median price per square foot (PSF) of RM 227.

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 333K, with most transactions falling within a stable range of RM 285K to RM 380K, and a typical market range of RM 270K to RM 429K.

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

The median PSF stands at RM 227, with core pricing between RM 183 and RM 271. Market pricing typically extends from RM 156.50 to RM 297.50, reflecting moderate variation in unit pricing. The spread of RM 141.00 (IQR) and deviation of RM 44 (MAD) suggest moderate price variations reflecting different property features.

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

12 transactions grouped by size

1,350 sqft
Single Storey Terraced
RM 330,000
LORONG DESA ARA PERMAI 4
1,335 sqft · RM 247 PSF
RM 325,000
LORONG DESA ARA PERMAI 11
1,335 sqft · RM 243 PSF
RM 320,000
LORONG DESA ARA PERMAI 4
1,335 sqft · RM 240 PSF
RM 270,000
LORONG DESA ARA PERMAI 5
1,335 sqft · RM 202 PSF
RM 350,000
LORONG DESA ARA PERMAI 4
1,335 sqft · RM 262 PSF
1,450 sqft
Single Storey Terraced
RM 400,000
LORONG DESA ARA PERMAI 10
1,464 sqft · RM 273 PSF
RM 330,000
LORONG DESA ARA PERMAI 6
1,464 sqft · RM 225 PSF
RM 335,000
LORONG DESA ARA PERMAI 6
1,464 sqft · RM 229 PSF
2,000 sqft
Single Storey Terraced
RM 297,000
LORONG DESA ARA PERMAI 7
2,002 sqft · RM 148 PSF
2,650 sqft
Single Storey Semi-D
RM 430,000
LORONG DESA ARA PERMAI 3
2,637 sqft · RM 163 PSF
RM 405,000
LORONG DESA ARA PERMAI 1
2,637 sqft · RM 154 PSF
2,750 sqft
Single Storey Terraced
RM 405,000
LORONG DESA ARA PERMAI 2
2,734 sqft · RM 148 PSF

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

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