TAMAN PENAGA PERMAI in Seberang Perai Utara, Penang recorded 4 subsale transactions in 2021, with a median price of RM 223K and a median price per square foot (PSF) of RM 241.
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 223K, with most transactions falling within a stable range of RM 173K to RM 273K, and a typical market range of RM 131K to RM 314K.
Most transactions involved town house, with moderate diversity in property types available.
For price per square foot, the median is RM 241, with most transactions between RM 221 and RM 261. The usual range is RM 220.00 to RM 262.00, 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 20 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.
