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Penang, Seberang Perai Tengah, 15

TAMAN DESA PALMA

Area Intelligence
2023
Median Price
RM 565,000
PSF: RM 311
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Residential PSF Trends

Median Price

RM 565,000

PSF: RM 311

TAMAN DESA PALMA in Seberang Perai Tengah, Penang recorded 6 subsale transactions in 2023, with a median price of RM 565K and a median price per square foot (PSF) of RM 311.

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 565K, with most transactions falling within a stable range of RM 391K to RM 739K, and a typical market range of RM 448K to RM 682K.

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 311, though individual units vary from RM 240 to RM 381 in the core range. The broader market spans RM 245.13 to RM 375.88, indicating diverse property characteristics. The spread of RM 130.75 (IQR) and deviation of RM 70 (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.

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TAMAN DESA PALMA, Seberang Perai Tengah, Penang

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Transactions

6 transactions grouped by size

View Type

Grouped View Individual View

Property Type

All Types
Categories
Residential Commercial
Specific Types
Single Storey Semi-D Single Storey Shop Single Storey Terraced Double Storey Semi-D Double Storey Shop Double Storey Terraced 3-Storey Shop 4-Storey Shop 5-Storey Shop 6-Storey Shop Cluster House Condo/Apartment Bungalow Detached Factory Flat Industrial Unit Low-Cost Flat Low-Cost House Office Lot SOHO/SOFO/SOVO Semi-D Factory Service Apartment Shop/Retail Lot Terraced Factory Town House

Year

All Years 2025 2024 2023 2022 2021
Popular Ranges
Under RM 300k RM 300k - 500k RM 500k - 750k RM 750k - 1M RM 1M - 2M RM 2M+
Custom Range
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
Clear
800 sqft
Double Storey Terraced
RM 319,000
LORONG DESA PALMA 9
797 sqft · RM 400 PSF
1,400 sqft
Double Storey Terraced
RM 500,000
LORONG DESA PALMA 2
1,399 sqft · RM 357 PSF
RM 530,000
LORONG DESA PALMA 4
1,399 sqft · RM 379 PSF
2,600 sqft
Double Storey Terraced
RM 600,000
LORONG DESA PALMA 2
2,605 sqft · RM 230 PSF
3,050 sqft
Double Storey Semi-D
RM 800,000
JALAN DESA PALMA 1
3,035 sqft · RM 264 PSF
3,500 sqft
Double Storey Semi-D
RM 818,000
LORONG DESA PALMA 6
3,509 sqft · RM 233 PSF

No Properties For Sale

There are currently no properties listed for sale in this area.

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