RESIDENSI PALMA

RESIDENSI PALMA in Seberang Perai Tengah, Penang recorded 5 subsale transactions in 2021, with a median price of RM 642K and a median price per square foot (PSF) of RM 484.

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 642K, with most transactions falling within a stable range of RM 588K to RM 696K, and a typical market range of RM 619K to RM 665K.

Most transactions involved 2 - 2 1/2 storey terraced, with minimal variety in property types.

The median PSF stands at RM 484, with core pricing between RM 435 and RM 533. Market pricing typically extends from RM 464.00 to RM 504.00, reflecting moderate variation in unit pricing. With an IQR of RM 40.00 and MAD of RM 49, the PSF demonstrates reasonable consistency across the market.

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.