TAMAN DESA ARA PERMAI

Area Intelligence
2022
Median Price
RM 350,000
PSF: RM 164

Residential PSF Trends

Median Price

RM 350,000

PSF: RM 164

Commercial PSF Trends

Median Price

RM 610,000

RM 436 PSF

TAMAN DESA ARA PERMAI in Seberang Perai Utara, Penang recorded 3 subsale transactions in 2022, with a median price of RM 350K and a median price per square foot (PSF) of RM 164.

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 350K, with most transactions falling within a stable range of RM 350K to RM 376K, and a typical market range of RM 350K to RM 405K.

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 164, with most transactions between RM 159 and RM 169. The usual range is RM 93.50 to RM 234.50, 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.

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TAMAN DESA ARA PERMAI, Seberang Perai Utara, Penang

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Transactions

3 transactions grouped by size

2,150 sqft
Single Storey Terraced
RM 350,000
LORONG DESA ARA PERMAI 9
2,131 sqft · RM 164 PSF
RM 350,000
LORONG DESA ARA PERMAI 9
2,131 sqft · RM 164 PSF
2,650 sqft
Single Storey Semi-D
RM 405,000
LORONG DESA ARA PERMAI 1
2,637 sqft · RM 154 PSF

No Properties For Sale

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

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