Penang
Timur Laut
Jelutong
TAMAN SRI DAMAI (IJM)

TAMAN SRI DAMAI (IJM)

Area Intelligence

2024

Median Price

RM 210,000

PSF: RM 364

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Residential PSF Trends

Median Price

RM 210,000

PSF: RM 364

TAMAN SRI DAMAI (IJM) in Timur Laut, Penang recorded 10 subsale transactions in 2024, with a median price of RM 210K and a median price per square foot (PSF) of RM 364.

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 210K, with most transactions falling within a stable range of RM 300K to RM 235K, and a typical market range of RM 300K to RM 283K.

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

For price per square foot, the median is RM 364, with most transactions between RM 347 and RM 381. The usual range is RM 306.88 to RM 421.13, showing that most units are priced quite close to each other. With an IQR of RM 114.25 and MAD of RM 17, the PSF demonstrates reasonable consistency across the market.

While the area has shown positive growth trends, price variations suggest a more dynamic market. This presents opportunities for investors comfortable with moderate volatility. Some price volatility exists, making thorough market research essential before transacting. Limited transaction history suggests carefully evaluating comparable sales data.

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TAMAN SRI DAMAI (IJM), Timur Laut, Penang

OSM