Penang
Timur Laut
18
ONE PERMAI/ TWO PERMAI

ONE PERMAI/ TWO PERMAI

Area Intelligence

2022

Median Price

RM 1,470,000

PSF: RM 918

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Residential PSF Trends

Median Price

RM 1,470,000

PSF: RM 918

ONE PERMAI/ TWO PERMAI in Timur Laut, Penang recorded 4 subsale transactions in 2022, with a median price of RM 1.47 million and a median price per square foot (PSF) of RM 918.

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 1.47 million, with most transactions falling within a stable range of RM 1.36 million to RM 1.51 million, and a typical market range of RM 1.27 million to RM 1.51 million.

Most transactions involved 2 - 2 1/2 storey terraced, with minimal variety in property types.

For price per square foot, the median is RM 918, with most transactions between RM 876 and RM 959. The usual range is RM 875.88 to RM 959.13, showing that most units are priced quite close to each other. With an IQR of RM 83.25 and MAD of RM 42, the PSF demonstrates reasonable consistency across the market.

Overall, the market in this area appears stable with consistent appreciation, making it an attractive option for both investors and homebuyers. The consistent property type and stable pricing make it easier to assess value and compare trends. Limited transaction history suggests carefully evaluating comparable sales data.

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ONE PERMAI/ TWO PERMAI, Timur Laut, Penang

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