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Market Snapshot
ResidentialRM 430,000
RM 391 psfMedian transaction price
Jalan Laguna 1, 13600 Perai, Pulau Pinang, Malaysia
MapsPangsapuri Palma Laguna in Seberang Perai Tengah, Penang recorded 1 subsale transactions between 2021 and 2026, with a median price of RM 430K and a median price per square foot (PSF) of RM 391.
This area consists exclusively of residential properties, with no commercial listings recorded.
Price remained flat, and PSF growth was PSF remained flat.
Most transactions involved condominium/apartment, with minimal variety in property types.
For price per square foot, the median is RM 391, with most transactions between RM 391 and RM 391. The usual range is RM 368.25 to RM 413.75, showing that most units are priced quite close to each other. A typical spread (IQR) of RM 45.50 and an average deviation (MAD) of RM 0 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.