Casa Permai

18, Jalan Permai, Taman Brown, 11700 Gelugor, Pulau Pinang, Malaysia

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Market Snapshot

Residential

RM1,550,000

RM598 psf

Median transaction price

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18, Jalan Permai, Taman Brown, 11700 Gelugor, Pulau Pinang, Malaysia

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Casa Permai in Timur Laut, Penang recorded 0 subsale transactions in 2021, with a median price of RM1.55 million and a median price per square foot (PSF) of RM598.

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 RM1.55 million, with most transactions falling within a stable range of RM1.43 million to RM1.67 million, and a typical market range of RM1.43 million to RM1.67 million.

Most transactions involved 2 - 2 1/2 storey semi-detached, though some variety exists in the market.

The median PSF stands at RM598, with core pricing between RM530 and RM666. Market pricing typically extends from RM542.00 to RM654.00, reflecting moderate variation in unit pricing. With an IQR of RM112.00 and MAD of RM68, 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. 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.