TAMAN SRI DAMAI (IJM)

TAMAN SRI DAMAI (IJM) in Timur Laut, Penang recorded 13 subsale transactions in 2023, with a median price of RM 180K and a median price per square foot (PSF) of RM 316.

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 180K, with most transactions falling within a stable range of RM 145K to RM 279K, and a typical market range of RM 145K to RM 255K.

Most transactions involved low-cost flat, with moderate diversity in property types available.

Price per square foot shows a median of RM 316, though individual units vary from RM 246 to RM 386 in the core range. The broader market spans RM 258.75 to RM 373.25, indicating diverse property characteristics. The spread of RM 114.50 (IQR) and deviation of RM 70 (MAD) suggest moderate price variations reflecting different property features.

While the area has shown positive growth trends, price variations suggest a more dynamic market. This presents opportunities for investors comfortable with moderate volatility. Significant price variations suggest comparing multiple properties and timing the market carefully. Limited transaction history suggests carefully evaluating comparable sales data.