TAMAN SRI DAMAI (IJM)

Area Intelligence
2021
Median Price
RM 256,500
PSF: RM 362

Residential PSF Trends

Median Price

RM 256,500

PSF: RM 362

TAMAN SRI DAMAI (IJM) in Timur Laut, Penang recorded 4 subsale transactions in 2021, with a median price of RM 257K and a median price per square foot (PSF) of RM 362.

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 257K, with most transactions falling within a stable range of RM 209K to RM 304K, and a typical market range of RM 183K to RM 330K.

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

The median PSF stands at RM 362, with core pricing between RM 309 and RM 415. Market pricing typically extends from RM 304.88 to RM 419.13, reflecting moderate variation in unit pricing. With an IQR of RM 114.25 and MAD of RM 53, 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

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