Area Intelligence

TMN DESA PALMA

4 properties
Detached
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Median Price
RM 805,000
PSF: RM 161

Residential Market

Median Price

RM 805,000

IQR: RM 136
MAD: RM 95
RM 161 PSF 34.7%

PSF Trends (2021-2025)

TMN DESA PALMA in Seberang Perai Tengah, Penang recorded 4 Detached properties subsale transactions between 2021 and 2025 for detached properties, with a median price of RM 805K and a median price per square foot (PSF) of RM 161.

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 805K, with most transactions falling within a stable range of RM 679K to RM 900K, and a typical market range of RM 652K to RM 900K.

Within the Detached category, 2 - 2 1/2 storey terraced dominated the market, with high diversity across multiple property types.

Price per square foot shows a median of RM 161, though individual units vary from RM 94 to RM 227 in the core range. The broader market spans RM 92.63 to RM 228.38, indicating diverse property characteristics. A wider spread (IQR: RM 135.75) and deviation (MAD: RM 67) 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.

Area Location

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TMN DESA PALMA, Seberang Perai Tengah, Penang

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Transactions

4 properties grouped by size

3,550 sqft
1 units Detached
RM 810,000
LORONG DESA PALMA 9
3,563 sqft · RM 227.00 PSF
May 2024
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