TMN DESA PALMA
Residential Market
Median Price
RM 490,000
PSF Trends (2021-2025)
TMN DESA PALMA in Seberang Perai Tengah, Penang recorded 12 Double Storey Terraced properties subsale transactions between 2021 and 2025 for double storey terraced properties, with a median price of RM 490K and a median price per square foot (PSF) of RM 356.
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 490K, with most transactions falling within a stable range of RM 393K to RM 587K, and a typical market range of RM 337K to RM 643K.
Within the Double Storey Terraced category, 2 - 2 1/2 storey terraced dominated the market, with high diversity across multiple property types.
The median PSF stands at RM 356, with core pricing between RM 298 and RM 413. Market pricing typically extends from RM 287.63 to RM 423.38, reflecting moderate variation in unit pricing. The spread of RM 135.75 (IQR) and deviation of RM 58 (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.
Filter by type, year, price, and size
Transactions
12 properties grouped by size
Road | Price | PSF | Size | Date | Type |
---|
LRG DESA PALMA 9
|
RM 319,000
|
RM 400.00
|
797 sqft
|
May 2023
|
JLN DESA PALMA 2
|
RM 485,000
|
RM 369.00
|
1,313 sqft
|
Dec 2022
|
|
JALAN DESA PALMA 2
|
RM 485,000
|
RM 369.00
|
1,313 sqft
|
Aug 2022
|
|
LRG DESA PALMA 10
|
RM 448,000
|
RM 350.00
|
1,281 sqft
|
Jun 2022
|
|
LRG DESA PALMA 11
|
RM 498,000
|
RM 389.00
|
1,281 sqft
|
Jun 2022
|
LORONG DESA PALMA 2
|
RM 500,000
|
RM 357.00
|
1,399 sqft
|
Oct 2023
|
|
LRG DESA PALMA 4
|
RM 530,000
|
RM 379.00
|
1,399 sqft
|
Oct 2023
|
|
LRG DESA PALMA 2
|
RM 350,000
|
RM 250.00
|
1,399 sqft
|
Sep 2022
|
|
LORONG DESA PALMA 1
|
RM 495,000
|
RM 354.00
|
1,399 sqft
|
Aug 2022
|
|
LRG DESA PALMA 3
|
RM 417,000
|
RM 298.00
|
1,399 sqft
|
Mar 2022
|
LORONG DESA PALMA 2
|
RM 600,000
|
RM 230.00
|
2,605 sqft
|
Feb 2023
|
LORONG DESA PALMA 2
|
RM 700,000
|
RM 245.00
|
2,852 sqft
|
Aug 2022
|