TAMAN PENAGA PERMAI in Seberang Perai Utara, Penang recorded 9 subsale transactions in 2024, with a median price of RM 350K and a median price per square foot (PSF) of RM 277.
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 350K, with most transactions falling within a stable range of RM 248K to RM 410K, and a typical market range of RM 259K to RM 410K.
Most transactions involved town house, with moderate diversity in property types available.
Price per square foot shows a median of RM 277, though individual units vary from RM 221 to RM 333 in the core range. The broader market spans RM 256.00 to RM 298.00, indicating diverse property characteristics. The spread of RM 42.00 (IQR) and deviation of RM 56 (MAD) suggest moderate price variations reflecting different property features.
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.
