TMN DESA PALMA Property Investment Analysis
TMN DESA PALMA in Seberang Perai Tengah, Penang recorded 20 subsale transactions between 2021 and 2025, with a median price of RM 515K and a median price per square foot (PSF) of RM 257.
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 515K, with most transactions falling within a stable range of RM 384K to RM 647K, and a typical market range of RM 362K to RM 668K.
Most transactions involved 2 - 2 1/2 storey terraced, with high diversity across multiple property types.
Price per square foot shows a median of RM 257, though individual units vary from RM 162 to RM 352 in the core range. The broader market spans RM 189.13 to RM 324.88, indicating diverse property characteristics. A wider spread (IQR: RM 135.75) and deviation (MAD: RM 95) indicate significant PSF variations, likely due to diverse property types or conditions.
While the area has shown positive growth trends, price variations suggest a more dynamic market. This presents opportunities for investors comfortable with moderate volatility. Some price volatility exists, making thorough market research essential before transacting. Moderate transaction volume may require patience when buying or selling.
ADVANCED FILTERS
TRANSACTIONS
Type
|
Road
|
Price
|
PSF
|
Area
|
Date
|
---|---|---|---|---|---|
Detached |
LORONG DESA PALMA 11
|
RM 900,000
|
RM 110.00
|
8,159 sqft
|
May 2024
|
Detached |
LORONG DESA PALMA 9
|
RM 810,000
|
RM 227.00
|
3,563 sqft
|
May 2024
|
2 - 2 1/2 Storey Terraced |
LORONG DESA PALMA 2
|
RM 500,000
|
RM 357.00
|
1,399 sqft
|
Oct 2023
|
2 - 2 1/2 Storey Terraced |
LRG DESA PALMA 4
|
RM 530,000
|
RM 379.00
|
1,399 sqft
|
Oct 2023
|
2 - 2 1/2 Storey Semi-Detached |
LORONG DESA PALMA 6
|
RM 818,000
|
RM 233.00
|
3,509 sqft
|
Jul 2023
|
2 - 2 1/2 Storey Terraced |
LRG DESA PALMA 9
|
RM 319,000
|
RM 400.00
|
797 sqft
|
May 2023
|
2 - 2 1/2 Storey Semi-Detached |
JLN DESA PALMA 1
|
RM 800,000
|
RM 264.00
|
3,035 sqft
|
Apr 2023
|
2 - 2 1/2 Storey Terraced |
LORONG DESA PALMA 2
|
RM 600,000
|
RM 230.00
|
2,605 sqft
|
Feb 2023
|
2 - 2 1/2 Storey Terraced |
JLN DESA PALMA 2
|
RM 485,000
|
RM 369.00
|
1,313 sqft
|
Dec 2022
|
2 - 2 1/2 Storey Terraced |
LRG DESA PALMA 2
|
RM 350,000
|
RM 250.00
|
1,399 sqft
|
Sep 2022
|
2 - 2 1/2 Storey Terraced |
JALAN DESA PALMA 2
|
RM 485,000
|
RM 369.00
|
1,313 sqft
|
Aug 2022
|
2 - 2 1/2 Storey Terraced |
LORONG DESA PALMA 1
|
RM 495,000
|
RM 354.00
|
1,399 sqft
|
Aug 2022
|
2 - 2 1/2 Storey Terraced |
LORONG DESA PALMA 2
|
RM 700,000
|
RM 245.00
|
2,852 sqft
|
Aug 2022
|
Low-Cost Flat |
|
RM 100,000
|
RM 152.00
|
657 sqft
|
Jul 2022
|
2 - 2 1/2 Storey Terraced |
LRG DESA PALMA 11
|
RM 498,000
|
RM 389.00
|
1,281 sqft
|
Jun 2022
|
2 - 2 1/2 Storey Terraced |
LRG DESA PALMA 10
|
RM 448,000
|
RM 350.00
|
1,281 sqft
|
Jun 2022
|
Detached |
LORONG DESA PALMA 9
|
RM 800,000
|
RM 211.00
|
3,789 sqft
|
Apr 2022
|
2 - 2 1/2 Storey Terraced |
LRG DESA PALMA 3
|
RM 417,000
|
RM 298.00
|
1,399 sqft
|
Mar 2022
|
2 - 2 1/2 Storey Semi-Detached |
LRG DESA PALMA 7
|
RM 775,000
|
RM 216.00
|
3,595 sqft
|
Mar 2022
|
Detached |
LORONG DESA PALMA 11
|
RM 560,000
|
RM 69.00
|
8,159 sqft
|
Nov 2021
|