Permai Garden in Timur Laut, Penang recorded 2 subsale transactions in 2023, with a median price of RM2.44 million and a median price per square foot (PSF) of RM867.

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 RM2.44 million, with most transactions falling within a stable range of RM1.87 million to RM3.00 million, and a typical market range of RM2.15 million to RM2.73 million.

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

Price per square foot shows a median of RM867, though individual units vary from RM653 to RM1,081 in the core range. The broader market spans RM717.40 to RM1,016.40, indicating diverse property characteristics. The spread of RM299.00 (IQR) and deviation of RM214 (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.