Area Intelligence

PERMAI GARDEN

4 properties
Double Storey Terraced
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Median Price
RM 1,920,000
PSF: RM 1,150

Residential Market

Median Price

RM 1,920,000

IQR: RM 299
MAD: RM 174
RM 1,150 PSF 3.2%

PSF Trends (2021-2025)

PROPERTY TYPES OVERVIEW

PERMAI GARDEN in Timur Laut, Penang recorded 4 Double Storey Terraced properties subsale transactions between 2021 and 2025 for double storey terraced properties, with a median price of RM 1.92 million and a median price per square foot (PSF) of RM 1,150.

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 1.92 million, with most transactions falling within a stable range of RM 1.87 million to RM 2.18 million, and a typical market range of RM 1.87 million to RM 2.21 million.

Within the Double Storey Terraced category, 2 - 2 1/2 storey terraced dominated the market, though some variety exists in the market.

The median PSF stands at RM 1,150, with core pricing between RM 965 and RM 1,334. Market pricing typically extends from RM 1,000.00 to RM 1,299.00, reflecting moderate variation in unit pricing. The spread of RM 299.00 (IQR) and deviation of RM 185 (MAD) suggest moderate price variations reflecting different property features.

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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PERMAI GARDEN, Timur Laut, Penang

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Transactions

4 properties grouped by size

1,450 sqft
2 units Double Storey Terraced
RM 1,870,000
LINTANG LEMBAH PERMAI 7
1,440 sqft · RM 1,299.00 PSF
Nov 2023
RM 1,920,000
LINTANG LEMBAH PERMAI 7
1,440 sqft · RM 1,333.00 PSF
Apr 2022
1,900 sqft
1 units Double Storey Terraced
RM 1,920,000
LINTANG LEMBAH PERMAI 6
1,920 sqft · RM 1,000.00 PSF
Sep 2021
2,750 sqft
1 units Double Storey Terraced
RM 2,500,000
LINTANG LEMBAH PERMAI 6
2,755 sqft · RM 907.00 PSF
Mar 2024