SRI PERMAI

Area Intelligence

2022

Median Price

RM 397,500

PSF: RM 462

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Residential PSF Trends

Median Price

RM 397,500

PSF: RM 462

SRI PERMAI in Timur Laut, Penang recorded 2 subsale transactions in 2022, with a median price of RM 398K and a median price per square foot (PSF) of RM 462.

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 398K, with most transactions falling within a stable range of RM 375K to RM 420K, and a typical market range of RM 383K to RM 413K.

Most transactions involved condominium/apartment, with minimal variety in property types.

For price per square foot, the median is RM 462, with most transactions between RM 435 and RM 488. The usual range is RM 454.00 to RM 469.00, showing that most units are priced quite close to each other. A typical spread (IQR) of RM 15.00 and an average deviation (MAD) of RM 27 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.

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SRI PERMAI, Timur Laut, Penang

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