TAMAN PERMAI Property Investment Analysis

TAMAN PERMAI in Timur Laut, Penang recorded 9 subsale transactions between 2021 and 2025, with a median price of RM 820K and a median price per square foot (PSF) of RM 319.

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 820K, with most transactions falling within a stable range of RM 692K to RM 948K, and a typical market range of RM 550K to RM 950K.

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 319, though individual units vary from RM 245 to RM 393 in the core range. The broader market spans RM 268.50 to RM 369.50, indicating diverse property characteristics. The spread of RM 101.00 (IQR) and deviation of RM 74 (MAD) suggest moderate price variations reflecting different property features.

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.