TAMAN DESA MURNI

TAMAN DESA MURNI in Seberang Perai Utara, Penang recorded 2 subsale transactions in 2021, with a median price of RM 625K and a median price per square foot (PSF) of RM 293.

This area consists exclusively of residential properties, with no commercial listings recorded.

Price remained flat, and PSF growth was PSF remained flat. The median price is RM 625K, with most transactions falling within a stable range of RM 615K to RM 635K, and a typical market range of RM 580K to RM 670K.

Most transactions involved 2 - 2 1/2 storey terraced, though some variety exists in the market.

For price per square foot, the median is RM 293, with most transactions between RM 286 and RM 300. The usual range is RM 240.50 to RM 345.50, showing that most units are priced quite close to each other. With an IQR of RM 105.00 and MAD of RM 7, the PSF demonstrates reasonable consistency across the market.

Overall, the market in this area appears stable with consistent appreciation, making it an attractive option for both investors and homebuyers. The consistent property type and stable pricing make it easier to assess value and compare trends. Limited transaction history suggests carefully evaluating comparable sales data.