TAMAN PERMAI
Residential Market
Median Price
RM 820,000
PSF Trends (2021-2025)
PROPERTY TYPES OVERVIEW
Single Storey Terraced
75 properties
Median Price
RM 275,000
+6.2% CAGR
Median PSF
RM 172.00
+4.2% CAGR
Single Storey Semi-D
16 properties
Median Price
RM 400,250
+11.9% CAGR
Median PSF
RM 111.25
+15.3% CAGR
Double Storey Terraced
5 properties
Median Price
RM 619,000
-2.8% CAGR
Median PSF
RM 458.50
-2.4% CAGR
Flat
3 properties
Median Price
RM 325,000
+40.7% CAGR
Median PSF
RM 249.50
+41.1% CAGR
Detached
1 properties
Median Price
RM 870,000
Median PSF
RM 55.00
| Property Type | Properties | Median Price | Price CAGR | Median PSF | PSF CAGR | |
|---|---|---|---|---|---|---|
| Single Storey Terraced | 75 |
RM 275,000
±17K MAD
|
+6.19% |
RM 172.00
±4 MAD
|
+4.19% | |
| Single Storey Semi-D | 16 |
RM 400,250
±60K MAD
|
+11.91% |
RM 111.25
±7 MAD
|
+15.26% | |
| Double Storey Terraced | 5 |
RM 619,000
±36K MAD
|
-2.79% |
RM 458.50
±23 MAD
|
-2.42% | |
| Flat | 3 |
RM 325,000
±55K MAD
|
+40.74% |
RM 249.50
±43 MAD
|
+41.06% | |
| Detached | 1 |
RM 870,000
|
- |
RM 55.00
|
- |
TAMAN PERMAI in Timur Laut, Penang recorded 3 subsale transactions in 2023, 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 800K to RM 854K, and a typical market range of RM 800K to RM 880K.
Most transactions involved 1 - 1 1/2 storey semi-detached, with high diversity across multiple property types.
The median PSF stands at RM 319, with core pricing between RM 278 and RM 360. Market pricing typically extends from RM 268.50 to RM 369.50, reflecting moderate variation in unit pricing. With an IQR of RM 101.00 and MAD of RM 41, 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.
Filter by type, year, price, and size
Transactions
3 properties grouped by size
| Road | Price | PSF | Size | Date | Type |
|---|
|
MEDAN MURAI 1
|
RM 880,000
|
RM 393.00
|
2,239 sqft
|
Aug 2023
|
|
MEDAN MURAI 1
|
RM 820,000
|
RM 319.00
|
2,573 sqft
|
Nov 2023
|
|
MEDAN MURAI 1
|
RM 800,000
|
RM 297.00
|
2,691 sqft
|
Jul 2023
|