Residensi Palma
14000 Bukit Mertajam, Pulau Pinang, Malaysia
14000 Bukit Mertajam, Pulau Pinang, Malaysia
| Price | PSF | Size | Date | Type |
|---|
|
RM 590,000
|
RM 368
|
1,604 sqft
|
|
|
|
RM 620,000
|
RM 387
|
1,604 sqft
|
|
|
|
RM 701,000
|
RM 437
|
1,604 sqft
|
|
|
|
RM 626,000
|
RM 390
|
1,604 sqft
|
|
|
|
RM 729,000
|
RM 455
|
1,604 sqft
|
|
|
RM 598,000
|
RM 373
|
1,604 sqft
|
|
|
|
RM 642,000
|
RM 400
|
1,604 sqft
|
|
|
|
RM 578,000
|
RM 360
|
1,604 sqft
|
|
|
RM 625,000
|
RM 390
|
1,604 sqft
|
|
|
|
RM 570,000
|
RM 355
|
1,604 sqft
|
|
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Market Snapshot
ResidentialRM 622,500
RM 498 psfMedian transaction price
Residensi Palma, 14000 Bukit Mertajam, Pulau Pinang, Malaysia
MapsResidensi Palma in Seberang Perai Tengah, Penang recorded 10 subsale transactions between 2021 and 2026, with a median price of RM 623K and a median price per square foot (PSF) of RM 390.
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 623K, with most transactions falling within a stable range of RM 594K to RM 651K, and a typical market range of RM 600K to RM 646K.
Most transactions involved 2 - 2 1/2 storey terraced, with minimal variety in property types.
For price per square foot, the median is RM 390, with most transactions between RM 369 and RM 411. The usual range is RM 369.69 to RM 409.69, showing that most units are priced quite close to each other. A typical spread (IQR) of RM 40.00 and an average deviation (MAD) of RM 21 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.