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 920K to RM 624K, and a typical market range of RM 920K 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 116 to RM 470 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 177) 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. 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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