TAMAN SRI DAMAI (IJM)

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 170K to RM 343K, and a typical market range of RM 181K to RM 332K.

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 298 and RM 426. Market pricing typically extends from RM 304.75 to RM 419.25, reflecting moderate variation in unit pricing. The spread of RM 114.50 (IQR) and deviation of RM 64 (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.