TAMAN SRI DAMAI (IJM)

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 184K to RM 274K, and a typical market range of RM 184K to RM 285K.

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

The median PSF stands at RM 364, with core pricing between RM 325 and RM 403. Market pricing typically extends from RM 306.75 to RM 421.25, reflecting moderate variation in unit pricing. With an IQR of RM 114.50 and MAD of RM 39, 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.