TAMAN TANJONG PERMAI Property Investment Analysis
PROPERTY TYPES OVERVIEW
Property Type | Properties | Transactions | Median Price | Price CAGR | Median PSF | PSF CAGR | |
---|---|---|---|---|---|---|---|
Terraced Factory/Warehouse | 8 | 14,420,000 |
RM 1,600,000
±100K MAD
|
+21.79% |
RM 769.00
±15 MAD
|
+2.31% |
TAMAN TANJONG PERMAI in Timur Laut, Penang recorded 5 subsale transactions between 2021 and 2025, with a median price of RM 1.30 million and a median price per square foot (PSF) of RM 865.
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 1.30 million, with most transactions falling within a stable range of RM 1.21 million to RM 1.39 million, and a typical market range of RM 1.23 million to RM 1.37 million.
Most transactions involved 2 - 2 1/2 storey terraced, with minimal variety in property types.
The median PSF stands at RM 865, with core pricing between RM 765 and RM 965. Market pricing typically extends from RM 664.00 to RM 1,066.00, reflecting moderate variation in unit pricing. With an IQR of RM 402.00 and MAD of RM 100, 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.
ADVANCED FILTERS
TRANSACTIONS
Type
|
Road
|
Price
|
PSF
|
Area
|
Date
|
---|---|---|---|---|---|
2 - 2 1/2 Storey Terraced |
PESARA LEMBAH PERMAI 1
|
RM 1,300,000
|
RM 929.00
|
1,399 sqft
|
Feb 2024
|
2 - 2 1/2 Storey Terraced |
TKT LEMBAH PERMAI 3
|
RM 1,350,000
|
RM 965.00
|
1,399 sqft
|
May 2023
|
2 - 2 1/2 Storey Terraced |
PESARA LEMBAH PERMAI 1
|
RM 680,000
|
RM 526.00
|
1,292 sqft
|
Jul 2022
|
2 - 2 1/2 Storey Terraced |
PESARA LEMBAH PERMAI 1
|
RM 1,480,000
|
RM 527.00
|
2,809 sqft
|
Jul 2022
|
2 - 2 1/2 Storey Terraced |
TINGKAT LEMBAH PERMAI 2
|
RM 1,210,000
|
RM 865.00
|
1,399 sqft
|
Mar 2022
|