TAMAN TANJONG PERMAI Property Investment Analysis

18, Timur Laut, Penang

Median Price
RM 1,300,000
CAGR
+3.7%
Median PSF
RM 865.00
CAGR
+32.8%
Transactions
5
Period
2022-2024

PROPERTY TYPES OVERVIEW

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

5 found
2 - 2 1/2 Storey Terraced
PESARA LEMBAH PERMAI 1
RM 1,300,000
PSF: RM 929.00
Area: 1,399 sqft
Date: Feb 2024
2 - 2 1/2 Storey Terraced
TKT LEMBAH PERMAI 3
RM 1,350,000
PSF: RM 965.00
Area: 1,399 sqft
Date: May 2023
2 - 2 1/2 Storey Terraced
PESARA LEMBAH PERMAI 1
RM 680,000
PSF: RM 526.00
Area: 1,292 sqft
Date: Jul 2022
2 - 2 1/2 Storey Terraced
PESARA LEMBAH PERMAI 1
RM 1,480,000
PSF: RM 527.00
Area: 2,809 sqft
Date: Jul 2022
2 - 2 1/2 Storey Terraced
TINGKAT LEMBAH PERMAI 2
RM 1,210,000
PSF: RM 865.00
Area: 1,399 sqft
Date: Mar 2022