Taman Tanjong Permai

18, Jalan Permai, Taman Brown, 11700 Gelugor, Pulau Pinang, Malaysia

Property Transactions

3 subsales grouped by size

Median
RM 1,210,000
PSF
RM 618
Price Size
Period
transactions middle 50% (P25–P75)
1,950 sqft
2-Sty Terrace
RM 680,000
Pesara Lembah Permai 1
1,959 sqft · RM 347 PSF
RM 1,480,000
Pesara Lembah Permai 1
1,959 sqft · RM 755 PSF
RM 1,210,000
Tingkat Lembah Permai 2
1,959 sqft · RM 618 PSF
Legend Recent Highest Price Highest PSF

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Market Snapshot

Residential

RM 1,210,000

RM 618 psf

Median transaction price

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18, Jalan Permai, Taman Brown, 11700 Gelugor, Pulau Pinang, Malaysia

Maps

Taman Tanjong Permai in Timur Laut, Penang recorded 3 subsale transactions in 2022, with a median price of RM 1.21 million and a median price per square foot (PSF) of RM 618.

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 1.21 million, with most transactions falling within a stable range of RM 878K to RM 1.48 million, and a typical market range of RM 1.14 million to RM 1.28 million.

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

Price per square foot shows a median of RM 618, though individual units vary from RM 448 to RM 787 in the core range. The broader market spans RM 416.65 to RM 818.65, indicating diverse property characteristics. A wider spread (IQR: RM 402.00) and deviation (MAD: RM 170) indicate significant PSF variations, likely due to diverse property types or conditions.

Overall, the market in this area appears stable with consistent appreciation, making it an attractive option for both investors and homebuyers. Moderate price stability provides a balanced market for both buyers and sellers. Limited transaction history suggests carefully evaluating comparable sales data.