PERMAI JAYA Property Investment Analysis

PERMAI JAYA in Timur Laut, Penang recorded 17 subsale transactions between 2021 and 2025, with a median price of RM 278K and a median price per square foot (PSF) of RM 410.

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 278K, with most transactions falling within a stable range of RM 260K to RM 296K, and a typical market range of RM 261K to RM 296K.

Most transactions involved flats, with minimal variety in property types.

For price per square foot, the median is RM 410, with most transactions between RM 383 and RM 437. The usual range is RM 384.50 to RM 435.50, showing that most units are priced quite close to each other. With an IQR of RM 51.00 and MAD of RM 27, 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.