Penang
Seberang Perai Tengah
15
TAMAN DESA PALMA

TAMAN DESA PALMA

Area Intelligence

2024

Median Price

RM 855,000

PSF: RM 169

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Residential PSF Trends

Median Price

RM 855,000

PSF: RM 169

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 810K to RM 900K, and a typical market range of RM 810K to RM 900K.

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 110 to RM 227 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 59) 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. Despite diverse property types, prices remain relatively stable, offering options for different buyer preferences. Limited transaction history suggests carefully evaluating comparable sales data.

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TAMAN DESA PALMA, Seberang Perai Tengah, Penang

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