Area Intelligence

DAMAI VILLA

2 properties
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Median Price
RM 825,000
PSF: RM 656

Residential Market

Median Price

RM 825,000

IQR: RM 37
MAD: RM 37
RM 656 PSF

PSF Trends (2021-2025)

DAMAI VILLA in Timur Laut, Penang recorded 2 subsale transactions between 2021 and 2025, with a median price of RM 825K and a median price per square foot (PSF) of RM 656.

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 825K, with most transactions falling within a stable range of RM 800K to RM 850K, and a typical market range of RM 813K to RM 838K.

Most transactions involved condominium/apartment, with minimal variety in property types.

For price per square foot, the median is RM 656, with most transactions between RM 619 and RM 693. The usual range is RM 637.50 to RM 674.50, showing that most units are priced quite close to each other. A typical spread (IQR) of RM 37.00 and an average deviation (MAD) of RM 37 indicate a highly stable PSF trend across properties.

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.

Area Location

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DAMAI VILLA, Timur Laut, Penang

OSM

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Transactions

2 properties grouped by size

1,250 sqft
1 units Condo/Apartment
RM 850,000
1,227 sqft · RM 693.00 PSF
Aug 2022
1,300 sqft
1 units Condo/Apartment
RM 800,000
1,292 sqft · RM 619.00 PSF
Aug 2022