TAMAN PERMAI in Timur Laut, Penang recorded 1 subsale transactions in 2022, with a median price of RM 950K and a median price per square foot (PSF) of RM 706.
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 950K, with most transactions falling within a stable range of RM 822K to RM 1.08 million, and a typical market range of RM 680K to RM 1.22 million.
Most transactions involved 1 - 1 1/2 storey semi-detached, with high diversity across multiple property types.
The median PSF stands at RM 706, with core pricing between RM 632 and RM 780. Market pricing typically extends from RM 655.50 to RM 756.50, reflecting moderate variation in unit pricing. With an IQR of RM 101.00 and MAD of RM 74, 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.
