TMN DESA PALMA Property Investment Analysis

15, Seberang Perai Tengah, Penang

Median Price
RM 515,000
CAGR
+15.1%
Median PSF
RM 257.00
CAGR
+34.7%
Transactions
20
Period
2021-2024

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

20 found
Detached
LORONG DESA PALMA 11
RM 900,000
PSF: RM 110.00
Area: 8,159 sqft
Date: May 2024
Detached
LORONG DESA PALMA 9
RM 810,000
PSF: RM 227.00
Area: 3,563 sqft
Date: May 2024
2 - 2 1/2 Storey Terraced
LORONG DESA PALMA 2
RM 500,000
PSF: RM 357.00
Area: 1,399 sqft
Date: Oct 2023
2 - 2 1/2 Storey Terraced
LRG DESA PALMA 4
RM 530,000
PSF: RM 379.00
Area: 1,399 sqft
Date: Oct 2023
2 - 2 1/2 Storey Semi-Detached
LORONG DESA PALMA 6
RM 818,000
PSF: RM 233.00
Area: 3,509 sqft
Date: Jul 2023
2 - 2 1/2 Storey Terraced
LRG DESA PALMA 9
RM 319,000
PSF: RM 400.00
Area: 797 sqft
Date: May 2023
2 - 2 1/2 Storey Semi-Detached
JLN DESA PALMA 1
RM 800,000
PSF: RM 264.00
Area: 3,035 sqft
Date: Apr 2023
2 - 2 1/2 Storey Terraced
LORONG DESA PALMA 2
RM 600,000
PSF: RM 230.00
Area: 2,605 sqft
Date: Feb 2023
2 - 2 1/2 Storey Terraced
JLN DESA PALMA 2
RM 485,000
PSF: RM 369.00
Area: 1,313 sqft
Date: Dec 2022
2 - 2 1/2 Storey Terraced
LRG DESA PALMA 2
RM 350,000
PSF: RM 250.00
Area: 1,399 sqft
Date: Sep 2022
2 - 2 1/2 Storey Terraced
JALAN DESA PALMA 2
RM 485,000
PSF: RM 369.00
Area: 1,313 sqft
Date: Aug 2022
2 - 2 1/2 Storey Terraced
LORONG DESA PALMA 1
RM 495,000
PSF: RM 354.00
Area: 1,399 sqft
Date: Aug 2022
2 - 2 1/2 Storey Terraced
LORONG DESA PALMA 2
RM 700,000
PSF: RM 245.00
Area: 2,852 sqft
Date: Aug 2022
Low-Cost Flat
RM 100,000
PSF: RM 152.00
Area: 657 sqft
Date: Jul 2022
2 - 2 1/2 Storey Terraced
LRG DESA PALMA 11
RM 498,000
PSF: RM 389.00
Area: 1,281 sqft
Date: Jun 2022
2 - 2 1/2 Storey Terraced
LRG DESA PALMA 10
RM 448,000
PSF: RM 350.00
Area: 1,281 sqft
Date: Jun 2022
Detached
LORONG DESA PALMA 9
RM 800,000
PSF: RM 211.00
Area: 3,789 sqft
Date: Apr 2022
2 - 2 1/2 Storey Terraced
LRG DESA PALMA 3
RM 417,000
PSF: RM 298.00
Area: 1,399 sqft
Date: Mar 2022
2 - 2 1/2 Storey Semi-Detached
LRG DESA PALMA 7
RM 775,000
PSF: RM 216.00
Area: 3,595 sqft
Date: Mar 2022
Detached
LORONG DESA PALMA 11
RM 560,000
PSF: RM 69.00
Area: 8,159 sqft
Date: Nov 2021