Damai Villa in Timur Laut, Penang recorded 2 subsale transactions in 2022, with a median price of RM825K and a median price per square foot (PSF) of RM656.

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 RM825K, with most transactions falling within a stable range of RM800K to RM850K, and a typical market range of RM800K to RM850K.

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

For price per square foot, the median is RM656, with most transactions between RM619 and RM693. The usual range is RM644.27 to RM667.77, showing that most units are priced quite close to each other. A typical spread (IQR) of RM23.50 and an average deviation (MAD) of RM37 indicate a highly stable PSF trend across properties.

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.