TAMAN PERMAI

TAMAN PERMAI in Timur Laut, Penang recorded 4 subsale transactions in 2024, with a median price of RM 610K and a median price per square foot (PSF) of RM 293.

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 610K, with most transactions falling within a stable range of RM 277K to RM 943K, and a typical market range of RM 340K to RM 880K.

Most transactions involved 1 - 1 1/2 storey semi-detached, with high diversity across multiple property types.

Price per square foot shows a median of RM 293, though individual units vary from RM 87 to RM 499 in the core range. The broader market spans RM 242.50 to RM 343.50, indicating diverse property characteristics. A wider spread (IQR: RM 101.00) and deviation (MAD: RM 206) indicate significant PSF variations, likely due to diverse property types or conditions.

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.