Residensi Palma
14000 Bukit Mertajam, Pulau Pinang, Malaysia
14000 Bukit Mertajam, Pulau Pinang, Malaysia
| Road | Price | PSF | Size | Date | Type |
|---|
|
Lorong Residensi Palma 2
|
RM 625,000
|
RM 390
|
1,604 sqft
|
|
|
|
Lorong Residensi Palma 1
|
RM 590,000
|
RM 368
|
1,604 sqft
|
|
Posts about Residensi Palma
No posts about Residensi Palma yet. Be the first to share what’s happening here.
Promote your property to visitors of this page
Market Snapshot
ResidentialRM 607,500
RM 379 psfMedian transaction price
Residensi Palma, 14000 Bukit Mertajam, Pulau Pinang, Malaysia
MapsResidensi Palma in Seberang Perai Tengah, Penang recorded 2 subsale transactions in 2023, with a median price of RM 608K and a median price per square foot (PSF) of RM 379.
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 608K, with most transactions falling within a stable range of RM 590K to RM 625K, and a typical market range of RM 590K to RM 625K.
Most transactions involved 2 - 2 1/2 storey terraced, with minimal variety in property types.
For price per square foot, the median is RM 379, with most transactions between RM 368 and RM 390. The usual range is RM 358.78 to RM 398.78, 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 11 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.