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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Filter by type, year, price, and size

Transactions

20 properties grouped by size

650 sqft
1 units Low-Cost Flat
RM 100,000
657 sqft · RM 152.00 PSF
Jul 2022
800 sqft
1 units Double Storey Terraced
RM 319,000
LRG DESA PALMA 9
797 sqft · RM 400.00 PSF
May 2023
1,300 sqft
4 units Double Storey Terraced
RM 485,000
JLN DESA PALMA 2
1,313 sqft · RM 369.00 PSF
Dec 2022
RM 485,000
JALAN DESA PALMA 2
1,313 sqft · RM 369.00 PSF
Aug 2022
RM 498,000
LRG DESA PALMA 11
1,281 sqft · RM 389.00 PSF
Jun 2022
RM 448,000
LRG DESA PALMA 10
1,281 sqft · RM 350.00 PSF
Jun 2022
1,400 sqft
5 units Double Storey Terraced
RM 500,000
LORONG DESA PALMA 2
1,399 sqft · RM 357.00 PSF
Oct 2023
RM 530,000
LRG DESA PALMA 4
1,399 sqft · RM 379.00 PSF
Oct 2023
RM 350,000
LRG DESA PALMA 2
1,399 sqft · RM 250.00 PSF
Sep 2022
RM 495,000
LORONG DESA PALMA 1
1,399 sqft · RM 354.00 PSF
Aug 2022
RM 417,000
LRG DESA PALMA 3
1,399 sqft · RM 298.00 PSF
Mar 2022
2,600 sqft
1 units Double Storey Terraced
RM 600,000
LORONG DESA PALMA 2
2,605 sqft · RM 230.00 PSF
Feb 2023
2,850 sqft
1 units Double Storey Terraced
RM 700,000
LORONG DESA PALMA 2
2,852 sqft · RM 245.00 PSF
Aug 2022
3,050 sqft
1 units Double Storey Semi-D
RM 800,000
JLN DESA PALMA 1
3,035 sqft · RM 264.00 PSF
Apr 2023
3,500 sqft
1 units Double Storey Semi-D
RM 818,000
LORONG DESA PALMA 6
3,509 sqft · RM 233.00 PSF
Jul 2023
3,550 sqft
1 units Detached
RM 810,000
LORONG DESA PALMA 9
3,563 sqft · RM 227.00 PSF
May 2024
3,600 sqft
1 units Double Storey Semi-D
RM 775,000
LRG DESA PALMA 7
3,595 sqft · RM 216.00 PSF
Mar 2022
3,800 sqft
1 units Detached
RM 800,000
LORONG DESA PALMA 9
3,789 sqft · RM 211.00 PSF
Apr 2022
8,150 sqft
2 units Detached
RM 900,000
LORONG DESA PALMA 11
8,159 sqft · RM 110.00 PSF
May 2024
RM 560,000
LORONG DESA PALMA 11
8,159 sqft · RM 69.00 PSF
Nov 2021