TAMAN DESA PALMA in Seberang Perai Tengah, Penang recorded 2 subsale transactions in 2024, with a median price of RM 855K and a median price per square foot (PSF) of RM 169.
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 855K, with most transactions falling within a stable range of RM 764K to RM 947K, and a typical market range of RM 738K to RM 972K.
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 169, though individual units vary from RM 93 to RM 244 in the core range. The broader market spans RM 103.13 to RM 233.88, indicating diverse property characteristics. A wider spread (IQR: RM 130.75) and deviation (MAD: RM 76) indicate significant PSF variations, likely due to diverse property types or conditions.
Overall, the market in this area appears stable with consistent appreciation, making it an attractive option for both investors and homebuyers. Moderate price stability provides a balanced market for both buyers and sellers. Limited transaction history suggests carefully evaluating comparable sales data.
