TAMAN DESA MURNI

Area Intelligence
2023
Median Price
RM 550,000
PSF: RM 429

Residential PSF Trends

Median Price

RM 550,000

PSF: RM 429

TAMAN DESA MURNI in Seberang Perai Utara, Penang recorded 1 subsale transactions in 2023, with a median price of RM 550K and a median price per square foot (PSF) of RM 429.

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 550K, with most transactions falling within a stable range of RM 540K to RM 560K, and a typical market range of RM 505K to RM 595K.

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 429, with most transactions between RM 422 and RM 436. The usual range is RM 376.50 to RM 481.50, 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.

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TAMAN DESA MURNI, Seberang Perai Utara, Penang

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