Area Intelligence

JLN PERMATANG TOK MAHAT

2 properties
2023
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Median Price
RM 445,000
PSF: RM 126

Residential Market

Median Price

RM 445,000

IQR: RM 37
MAD: RM 5
RM 126 PSF 132.4%

PSF Trends (2021-2025)

JLN PERMATANG TOK MAHAT in Seberang Perai Selatan, Penang recorded 2 subsale transactions in 2023, with a median price of RM 445K and a median price per square foot (PSF) of RM 126.

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 445K, with most transactions falling within a stable range of RM 410K to RM 480K, and a typical market range of RM 410K to RM 480K.

Most transactions involved detached, with minimal variety in property types.

For price per square foot, the median is RM 126, with most transactions between RM 123 and RM 128. The usual range is RM 107.00 to RM 144.00, showing that most units are priced quite close to each other. A typical spread (IQR) of RM 37.00 and an average deviation (MAD) of RM 3 indicate a highly stable PSF trend across properties.

Overall, the market in this area appears stable with consistent appreciation, making it an attractive option for both investors and homebuyers. The consistent property type and stable pricing make it easier to assess value and compare trends. Limited transaction history suggests carefully evaluating comparable sales data.

Area Location

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JLN PERMATANG TOK MAHAT, Seberang Perai Selatan, Penang

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Transactions

2 properties grouped by size

3,200 sqft
1 units Detached
RM 410,000
JALAN HARAPAN 2
3,197 sqft · RM 128.00 PSF
Aug 2023
3,900 sqft
1 units Detached
RM 480,000
JALAN JAYA 2
3,899 sqft · RM 123.00 PSF
Feb 2023