TAMAN SRI DAMAI (IJM)

TAMAN SRI DAMAI (IJM) in Timur Laut, Penang recorded 23 Low-Cost Flat properties subsale transactions between 2021 and 2025 for low-cost flat properties, 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 154K to RM 206K, and a typical market range of RM 145K to RM 255K.

Within the Low-Cost Flat category, low-cost flat dominated the market, with moderate diversity in property types available.

The median PSF stands at RM 316, with core pricing between RM 270 and RM 362. Market pricing typically extends from RM 258.75 to RM 373.25, reflecting moderate variation in unit pricing. With an IQR of RM 114.50 and MAD of RM 46, 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. Moderate transaction volume may require patience when buying or selling.