Taman Desa Palma
15, Jalan Desa Palma 1, Taman Desa Palma, 14000 Bukit Mertajam, Pulau Pinang, Malaysia
15, Jalan Desa Palma 1, Taman Desa Palma, 14000 Bukit Mertajam, Pulau Pinang, Malaysia
|
Road
|
Price
|
PSF
|
Size
|
Date
|
Type
|
|---|---|---|---|---|---|
| 2025 | |||||
|
Lorong Desa Palma 1
|
RM 600,000
|
RM 342
|
1,755 sqft
|
|
2-Sty Terrace |
|
Lorong Desa Palma 1
|
RM 500,000
|
RM 285
|
1,755 sqft
|
|
2-Sty Terrace |
|
Lorong Desa Palma 3
|
RM 649,000
|
RM 370
|
1,755 sqft
|
|
2-Sty Terrace |
| 2023 | |||||
|
Lorong Desa Palma 2
|
RM 500,000
|
RM 285
|
1,755 sqft
|
|
2-Sty Terrace |
|
Lorong Desa Palma 4
|
RM 530,000
|
RM 302
|
1,755 sqft
|
|
2-Sty Terrace |
|
Lorong Desa Palma 2
|
RM 600,000
|
RM 342
|
1,755 sqft
|
|
2-Sty Terrace |
| 2022 | |||||
|
Lorong Desa Palma 2
|
RM 350,000
|
RM 199
|
1,755 sqft
|
|
2-Sty Terrace |
|
Lorong Desa Palma 1
|
RM 495,000
|
RM 282
|
1,755 sqft
|
|
2-Sty Terrace |
|
Lorong Desa Palma 2
|
RM 700,000
|
RM 399
|
1,755 sqft
|
|
2-Sty Terrace |
|
Lorong Desa Palma 3
|
RM 417,000
|
RM 238
|
1,755 sqft
|
|
2-Sty Terrace |
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Market Snapshot
ResidentialRM 515,000
RM 294 psfMedian transaction price
15, Jalan Desa Palma 1, Taman Desa Palma, 14000 Bukit Mertajam, Pulau Pinang, Malaysia
MapsTaman Desa Palma in Seberang Perai Tengah, Penang recorded 10 subsale transactions between 2021 and 2026, sized between 1,725 and 1,774 sqft, with a median price of RM 515K and a median price per square foot (PSF) of RM 294.
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 415K to RM 615K, and a typical market range of RM 398K to RM 632K.
Most transactions involved 2 - 2 1/2 storey terraced, with moderate diversity in property types available.
The median PSF stands at RM 294, with core pricing between RM 236 and RM 351. Market pricing typically extends from RM 228.15 to RM 358.91, reflecting moderate variation in unit pricing. The spread of RM 130.75 (IQR) and deviation of RM 57 (MAD) suggest moderate price variations reflecting different property features.
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. Limited transaction history suggests carefully evaluating comparable sales data.