HALAMAN DAMAI (BLOK B) Property Investment Analysis
PROPERTY TYPES OVERVIEW
2 - 2 1/2 Storey Shop
5 properties
Median Price
RM 550,000
+20.2% CAGR
Median PSF
RM 460.00
+20.3% CAGR
3 - 3 1/2 Storey Shop
2 properties
Median Price
RM 550,000
+20.0% CAGR
Median PSF
RM 460.00
+20.1% CAGR
Property Type | Properties | Transactions | Median Price | Price CAGR | Median PSF | PSF CAGR | |
---|---|---|---|---|---|---|---|
2 - 2 1/2 Storey Shop | 5 | 2,900,000 |
RM 550,000
±90K MAD
|
+20.24% |
RM 460.00
±75 MAD
|
+20.28% | |
3 - 3 1/2 Storey Shop | 2 | 1,100,000 |
RM 550,000
±50K MAD
|
+20.00% |
RM 460.00
±42 MAD
|
+20.10% |
HALAMAN DAMAI (BLOK B) in Timur Laut, Penang recorded 7 subsale transactions between 2021 and 2025, with a median price of RM 300K and a median price per square foot (PSF) of RM 429.
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 300K, with most transactions falling within a stable range of RM 290K to RM 310K, and a typical market range of RM 285K to RM 315K.
Most transactions involved flats, with minimal variety in property types.
For price per square foot, the median is RM 429, with most transactions between RM 415 and RM 443. The usual range is RM 407.50 to RM 450.50, showing that most units are priced quite close to each other. A typical spread (IQR) of RM 43.00 and an average deviation (MAD) of RM 14 indicate a highly stable PSF trend across properties.
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
|
---|---|---|---|---|---|
Flat |
|
RM 280,000
|
RM 400.00
|
700 sqft
|
Jul 2024
|
Flat |
|
RM 310,000
|
RM 443.00
|
700 sqft
|
Jul 2023
|
Flat |
|
RM 300,000
|
RM 429.00
|
700 sqft
|
Jul 2023
|
Flat |
|
RM 350,000
|
RM 500.00
|
700 sqft
|
Jan 2023
|
Flat |
|
RM 300,000
|
RM 428.00
|
700 sqft
|
Aug 2022
|
Flat |
|
RM 300,000
|
RM 429.00
|
700 sqft
|
Jun 2022
|
Flat |
|
RM 350,000
|
RM 500.00
|
700 sqft
|
Oct 2021
|