Penang
Seberang Perai Tengah
15
TAMAN DESA PALMA

TAMAN DESA PALMA

Area Intelligence

2022

Median Price

RM 485,000

PSF: RM 298

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Residential PSF Trends

Median Price

RM 485,000

PSF: RM 298

TAMAN DESA PALMA in Seberang Perai Tengah, Penang recorded 11 subsale transactions in 2022, with a median price of RM 485K and a median price per square foot (PSF) of RM 298.

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 485K, with most transactions falling within a stable range of RM 295K to RM 675K, and a typical market range of RM 368K to RM 602K.

Most transactions involved 2 - 2 1/2 storey terraced, with moderate diversity in property types available.

Price per square foot shows a median of RM 298, though individual units vary from RM 221 to RM 375 in the core range. The broader market spans RM 232.63 to RM 363.38, indicating diverse property characteristics. A wider spread (IQR: RM 130.75) and deviation (MAD: RM 77) 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. Limited transaction history suggests carefully evaluating comparable sales data.

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TAMAN DESA PALMA, Seberang Perai Tengah, Penang

OSM

Track location

Transactions

11 transactions found

Popular Ranges

Under RM 300k RM 300k - 500k RM 500k - 750k RM 750k - 1M RM 1M - 2M RM 2M+

Custom Range

Min Price (RM)

Max Price (RM)

Clear

Size Range (sqft)

Popular Ranges

Under 1,000 sqft 1,000 - 2,000 sqft 2,000 - 3,000 sqft 3,000 - 5,000 sqft 5,000 - 10,000 sqft 10,000+ sqft

Custom Range

Min Size (sqft)

Max Size (sqft)

Clear

RM 485,000

JALAN DESA PALMA 2

1,313 sqft • RM 369.00 PSF

Dec 2022

RM 350,000

LORONG DESA PALMA 2

1,399 sqft • RM 250.00 PSF

Sep 2022

RM 485,000

JALAN DESA PALMA 2

1,313 sqft • RM 369.00 PSF

Aug 2022

RM 495,000

LORONG DESA PALMA 1

1,399 sqft • RM 354.00 PSF

Aug 2022

RM 700,000

LORONG DESA PALMA 2

2,852 sqft • RM 245.00 PSF

Aug 2022

RM 100,000

Level 2

657 sqft • RM 152.00 PSF

Jul 2022

RM 448,000

LORONG DESA PALMA 10

1,281 sqft • RM 350.00 PSF

Jun 2022

RM 498,000

LORONG DESA PALMA 11

1,281 sqft • RM 389.00 PSF

Jun 2022

RM 800,000

LORONG DESA PALMA 9

3,789 sqft • RM 211.00 PSF

Apr 2022

RM 775,000

LORONG DESA PALMA 7

3,595 sqft • RM 216.00 PSF

Mar 2022

RM 417,000

LORONG DESA PALMA 3

1,399 sqft • RM 298.00 PSF

Mar 2022

Road	Price	Land PSF	Land	Date	Type
JALAN DESA PALMA 2	RM 485,000	RM 369.00	1,313 sqft	Dec 2022	Double Storey Terraced
LORONG DESA PALMA 2	RM 350,000	RM 250.00	1,399 sqft	Sep 2022	Double Storey Terraced
JALAN DESA PALMA 2	RM 485,000	RM 369.00	1,313 sqft	Aug 2022	Double Storey Terraced
LORONG DESA PALMA 1	RM 495,000	RM 354.00	1,399 sqft	Aug 2022	Double Storey Terraced
LORONG DESA PALMA 2	RM 700,000	RM 245.00	2,852 sqft	Aug 2022	Double Storey Terraced
Level 2	RM 100,000	RM 152.00	657 sqft	Jul 2022	Low-Cost Flat
LORONG DESA PALMA 10	RM 448,000	RM 350.00	1,281 sqft	Jun 2022	Double Storey Terraced
LORONG DESA PALMA 11	RM 498,000	RM 389.00	1,281 sqft	Jun 2022	Double Storey Terraced
LORONG DESA PALMA 9	RM 800,000	RM 211.00	3,789 sqft	Apr 2022	Bungalow
LORONG DESA PALMA 7	RM 775,000	RM 216.00	3,595 sqft	Mar 2022	Double Storey Semi-D
LORONG DESA PALMA 3	RM 417,000	RM 298.00	1,399 sqft	Mar 2022	Double Storey Terraced