Area Intelligence

TMN DESA PALMA

20 properties
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Median Price
RM 515,000
PSF: RM 257

Residential Market

Median Price

RM 515,000

IQR: RM 136
MAD: RM 95
RM 257 PSF 34.7%

PSF Trends (2021-2025)

TMN DESA PALMA in Seberang Perai Tengah, Penang recorded 20 subsale transactions between 2021 and 2025, with a median price of RM 515K and a median price per square foot (PSF) of RM 257.

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 384K to RM 647K, and a typical market range of RM 362K to RM 668K.

Most transactions involved 2 - 2 1/2 storey terraced, with high diversity across multiple property types.

Price per square foot shows a median of RM 257, though individual units vary from RM 162 to RM 352 in the core range. The broader market spans RM 189.13 to RM 324.88, indicating diverse property characteristics. A wider spread (IQR: RM 135.75) and deviation (MAD: RM 95) 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. Moderate transaction volume may require patience when buying or selling.

Area Location

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TMN DESA PALMA, Seberang Perai Tengah, Penang

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Transactions

20 properties found

Detached LORONG DESA PALMA 11
RM 900,000
8,159 sqft May 2024
RM 110.00 PSF
Detached LORONG DESA PALMA 9
RM 810,000
3,563 sqft May 2024
RM 227.00 PSF
Double Storey Terraced LORONG DESA PALMA 2
RM 500,000
1,399 sqft Oct 2023
RM 357.00 PSF
Double Storey Terraced LRG DESA PALMA 4
RM 530,000
1,399 sqft Oct 2023
RM 379.00 PSF
Double Storey Semi-D LORONG DESA PALMA 6
RM 818,000
3,509 sqft Jul 2023
RM 233.00 PSF
Double Storey Terraced LRG DESA PALMA 9
RM 319,000
797 sqft May 2023
RM 400.00 PSF
Double Storey Semi-D JLN DESA PALMA 1
RM 800,000
3,035 sqft Apr 2023
RM 264.00 PSF
Double Storey Terraced LORONG DESA PALMA 2
RM 600,000
2,605 sqft Feb 2023
RM 230.00 PSF
Double Storey Terraced JLN DESA PALMA 2
RM 485,000
1,313 sqft Dec 2022
RM 369.00 PSF
Double Storey Terraced LRG DESA PALMA 2
RM 350,000
1,399 sqft Sep 2022
RM 250.00 PSF
Double Storey Terraced JALAN DESA PALMA 2
RM 485,000
1,313 sqft Aug 2022
RM 369.00 PSF
Double Storey Terraced LORONG DESA PALMA 1
RM 495,000
1,399 sqft Aug 2022
RM 354.00 PSF
Double Storey Terraced LORONG DESA PALMA 2
RM 700,000
2,852 sqft Aug 2022
RM 245.00 PSF
Low-Cost Flat
RM 100,000
657 sqft Jul 2022
RM 152.00 PSF
Double Storey Terraced LRG DESA PALMA 11
RM 498,000
1,281 sqft Jun 2022
RM 389.00 PSF
Double Storey Terraced LRG DESA PALMA 10
RM 448,000
1,281 sqft Jun 2022
RM 350.00 PSF
Detached LORONG DESA PALMA 9
RM 800,000
3,789 sqft Apr 2022
RM 211.00 PSF
Double Storey Terraced LRG DESA PALMA 3
RM 417,000
1,399 sqft Mar 2022
RM 298.00 PSF
Double Storey Semi-D LRG DESA PALMA 7
RM 775,000
3,595 sqft Mar 2022
RM 216.00 PSF
Detached LORONG DESA PALMA 11
RM 560,000
8,159 sqft Nov 2021
RM 69.00 PSF