| Road | Price | PSF | Size | Date | Type |
|---|
|
Level 28
|
RM 370,000
|
RM 356
|
1,040 sqft
|
|
|
|
Level 36
|
RM 320,000
|
RM 308
|
1,040 sqft
|
|
|
|
Level 26
|
RM 312,000
|
RM 299
|
1,044 sqft
|
|
|
|
Level 34
|
RM 360,000
|
RM 346
|
1,040 sqft
|
|
|
|
Level 15
|
RM 380,000
|
RM 365
|
1,040 sqft
|
|
|
Level 10
|
RM 360,000
|
RM 327
|
1,100 sqft
|
|
|
|
Level 13
|
RM 300,000
|
RM 273
|
1,100 sqft
|
|
|
|
Level 23
|
RM 350,000
|
RM 318
|
1,100 sqft
|
|
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Market Snapshot
ResidentialRM 355,000
RM 323 psfMedian transaction price
Jalan Laguna 1, 13600 Perai, Pulau Pinang, Malaysia
MapsPangsapuri Palma Laguna in Seberang Perai Tengah, Penang recorded 8 subsale transactions in 2021, with a median price of RM 355K and a median price per square foot (PSF) of RM 323.
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 355K, with most transactions falling within a stable range of RM 327K to RM 380K, and a typical market range of RM 331K to RM 379K.
Most transactions involved condominium/apartment, with minimal variety in property types.
For price per square foot, the median is RM 323, with most transactions between RM 294 and RM 352. The usual range is RM 299.99 to RM 345.49, 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 29 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.