Area Intelligence

TAMAN PERMAI

2 properties
Double Storey Terraced
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Median Price
RM 949,000
PSF: RM 708

Residential Market

Median Price

RM 949,000

IQR: RM 476
MAD: RM 108
RM 708 PSF 42.9%

PSF Trends (2021-2025)

TAMAN PERMAI in Timur Laut, Penang recorded 2 Double Storey Terraced properties subsale transactions between 2021 and 2025 for double storey terraced properties, with a median price of RM 949K and a median price per square foot (PSF) of RM 708.

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 949K, with most transactions falling within a stable range of RM 948K to RM 950K, and a typical market range of RM 948K to RM 950K.

Within the Double Storey Terraced category, 1 - 1 1/2 storey semi-detached dominated the market, with high diversity across multiple property types.

For price per square foot, the median is RM 708, with most transactions between RM 706 and RM 710. The usual range is RM 657.50 to RM 758.50, showing that most units are priced quite close to each other. With an IQR of RM 101.00 and MAD of RM 2, the PSF demonstrates reasonable consistency across the market.

Overall, the market in this area appears stable with consistent appreciation, making it an attractive option for both investors and homebuyers. Moderate price stability provides a balanced market for both buyers and sellers. Limited transaction history suggests carefully evaluating comparable sales data.

Area Location

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TAMAN PERMAI, Timur Laut, Penang

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Transactions

2 properties grouped by size

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