Area Intelligence

TAMAN PERMAI

9 properties
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Median Price
RM 820,000
PSF: RM 319

Residential Market

Median Price

RM 380,000

IQR: RM 476
MAD: RM 108
RM 292 PSF 42.9%

PSF Trends (2021-2025)

TAMAN PERMAI in Timur Laut, Penang recorded 9 subsale transactions between 2021 and 2025, with a median price of RM 820K and a median price per square foot (PSF) of RM 319.

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 820K, with most transactions falling within a stable range of RM 692K to RM 948K, and a typical market range of RM 550K to RM 950K.

Most transactions involved 1 - 1 1/2 storey semi-detached, with high diversity across multiple property types.

Price per square foot shows a median of RM 319, though individual units vary from RM 245 to RM 393 in the core range. The broader market spans RM 268.50 to RM 369.50, indicating diverse property characteristics. The spread of RM 101.00 (IQR) and deviation of RM 74 (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.

Area Location

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TAMAN PERMAI, Timur Laut, Penang

OSM

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Transactions

9 properties grouped by size

1,300 sqft
3 units Flat
RM 380,000
1,302 sqft · RM 292.00 PSF
Mar 2025
RM 300,000
1,302 sqft · RM 230.00 PSF
Nov 2024
RM 240,000
1,302 sqft · RM 184.00 PSF
Aug 2024
1,350 sqft
2 units Double Storey Terraced
RM 948,000
LORONG MERAK 2
1,335 sqft · RM 710.00 PSF
Feb 2024
RM 950,000
LORONG MERAK 2
1,345 sqft · RM 706.00 PSF
Jun 2022
2,250 sqft
1 units Single Storey Semi-D
RM 880,000
MEDAN MURAI 1
2,239 sqft · RM 393.00 PSF
Aug 2023
2,550 sqft
1 units Single Storey Semi-D
RM 820,000
MEDAN MURAI 1
2,573 sqft · RM 319.00 PSF
Nov 2023
2,600 sqft
1 units Single Storey Semi-D
RM 920,000
MEDAN MURAI 1
2,583 sqft · RM 356.00 PSF
Aug 2024
2,700 sqft
1 units Single Storey Semi-D
RM 800,000
MEDAN MURAI 1
2,691 sqft · RM 297.00 PSF
Jul 2023