TAMAN PENAGA PERMAI

TAMAN PENAGA PERMAI in Seberang Perai Utara, Penang recorded 14 subsale transactions in 2023, with a median price of RM 173K and a median price per square foot (PSF) of RM 253.

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 173K, with most transactions falling within a stable range of RM 150K to RM 264K, and a typical market range of RM 150K to RM 264K.

Most transactions involved town house, with moderate diversity in property types available.

The median PSF stands at RM 253, with core pricing between RM 219 and RM 286. Market pricing typically extends from RM 231.25 to RM 273.75, reflecting moderate variation in unit pricing. With an IQR of RM 42.50 and MAD of RM 34, 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. Significant price variations suggest comparing multiple properties and timing the market carefully. Limited transaction history suggests carefully evaluating comparable sales data.