Penang
Timur Laut
13
TAMAN PERMAI

TAMAN PERMAI

Area Intelligence

2024

Median Price

RM 610,000

PSF: RM 293

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Residential PSF Trends

Median Price

RM 610,000

PSF: RM 293

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 580K to RM 300K, and a typical market range of RM 340K to RM 300K.

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

For price per square foot, the median is RM 293, with most transactions between RM 270 and RM 316. The usual range is RM 242.50 to RM 343.50, showing that most units are priced quite close to each other. With an IQR of RM 101.00 and MAD of RM 23, 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. Some price volatility exists, making thorough market research essential before transacting. Limited transaction history suggests carefully evaluating comparable sales data.

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TAMAN PERMAI, Timur Laut, Penang

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