Penang
Seberang Perai Utara
4
TAMAN PENAGA PERMAI

TAMAN PENAGA PERMAI

Area Intelligence

2021

Median Price

RM 152,500

PSF: RM 249

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Residential PSF Trends

Median Price

RM 152,500

PSF: RM 249

TAMAN PENAGA PERMAI in Seberang Perai Utara, Penang recorded 2 subsale transactions in 2021, with a median price of RM 153K and a median price per square foot (PSF) of RM 249.

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 153K, with most transactions falling within a stable range of RM 145K to RM 160K, and a typical market range of RM 145K to RM 160K.

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

For price per square foot, the median is RM 249, with most transactions between RM 236 and RM 261. The usual range is RM 227.50 to RM 269.50, showing that most units are priced quite close to each other. A typical spread (IQR) of RM 42.00 and an average deviation (MAD) of RM 13 indicate a highly stable PSF trend across properties.

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.

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TAMAN PENAGA PERMAI, Seberang Perai Utara, Penang

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