Penang
Timur Laut
Jelutong
TAMAN SRI DAMAI (IJM)

TAMAN SRI DAMAI (IJM)

Area Intelligence

2022

Median Price

RM 242,500

PSF: RM 352

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Residential PSF Trends

Median Price

RM 242,500

PSF: RM 352

TAMAN SRI DAMAI (IJM) in Timur Laut, Penang recorded 8 subsale transactions in 2022, with a median price of RM 243K and a median price per square foot (PSF) of RM 352.

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 243K, with most transactions falling within a stable range of RM 160K to RM 346K, and a typical market range of RM 169K to RM 316K.

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

The median PSF stands at RM 352, with core pricing between RM 285 and RM 419. Market pricing typically extends from RM 294.88 to RM 409.13, reflecting moderate variation in unit pricing. The spread of RM 114.25 (IQR) and deviation of RM 67 (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. 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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Transactions

4 transactions grouped by size

Popular Ranges

Under RM 300k RM 300k - 500k RM 500k - 750k RM 750k - 1M RM 1M - 2M RM 2M+

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Size Range (sqft)

Popular Ranges

Under 1,000 sqft 1,000 - 2,000 sqft 2,000 - 3,000 sqft 3,000 - 5,000 sqft 5,000 - 10,000 sqft 10,000+ sqft

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Road	Price	Land PSF	Land	Date	Type

550 sqft

Low-Cost Flat

550 sqft

Low-Cost Flat

RM 180,000

Level 6

570 sqft · RM 316 PSF

Dec 2022

RM 160,000

Level 5

570 sqft · RM 280 PSF

Nov 2022

RM 175,000

Level 17

570 sqft · RM 307 PSF

Oct 2022

RM 165,000

Level 16

570 sqft · RM 289 PSF

Apr 2022

Level 6	RM 180,000	RM 316	570 sqft	Dec 2022
Level 5	RM 160,000	RM 280	570 sqft	Nov 2022
Level 17	RM 175,000	RM 307	570 sqft	Oct 2022
Level 16	RM 165,000	RM 289	570 sqft	Apr 2022