Taman Cermai
13500 Permatang Pauh, Pulau Pinang, Malaysia
13500 Permatang Pauh, Pulau Pinang, Malaysia
| Road | Price | PSF | Size | Date | Type |
|---|
|
Lorong Cermai 7
|
RM520,000
|
RM331
|
1,572 sqft
|
|
|
|
Lorong Cermai 5
|
RM499,000
|
RM318
|
1,572 sqft
|
|
|
|
Lorong Cermai 5
|
RM475,000
|
RM302
|
1,572 sqft
|
|
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PSF median price per sq ft · 12m its change over the past 12 months
Most-traded areas in this mukim, by number of recorded subsale transactions. See every area in 2
Taman Cermai, 13500 Permatang Pauh, Pulau Pinang, Malaysia
MapsTaman Cermai in Seberang Perai Tengah, Penang recorded 3 Double Storey Terraced properties subsale transactions between 2021 and 2026, with a median price of RM499K and a median price per square foot (PSF) of RM318.
This area contains both residential and commercial properties. View 3 residential properties or 2 commercial properties separately for more focused analysis.
Price remained flat, and PSF growth was PSF remained flat. The median price is RM499K, with most transactions falling within a stable range of RM481K to RM517K, and a typical market range of RM477K to RM520K.
Within the Double Storey Terraced category, 2 - 2 1/2 storey terraced dominated the market, though some variety exists in the market.
For price per square foot, the median is RM318, with most transactions between RM306 and RM329. The usual range is RM299.02 to RM336.02, showing that most units are priced quite close to each other. A typical spread (IQR) of RM37.00 and an average deviation (MAD) of RM12 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.