Area Intelligence

TMN DESA PALMA

1 properties
Low-Cost Flat
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Median Price
RM 100,000
PSF: RM 152

Residential Market

Median Price

RM 100,000

IQR: RM 136
MAD: RM 95
RM 152 PSF 34.7%

PSF Trends (2021-2025)

TMN DESA PALMA in Seberang Perai Tengah, Penang recorded 1 Low-Cost Flat properties subsale transactions between 2021 and 2025 for low-cost flat properties, with a median price of RM 100K and a median price per square foot (PSF) of RM 152.

This area consists exclusively of residential properties, with no commercial listings recorded.

Price remained flat, and PSF growth was PSF remained flat.

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

For price per square foot, the median is RM 152, with most transactions between RM 152 and RM 152. The usual range is RM 84.13 to RM 219.88, showing that most units are priced quite close to each other. With an IQR of RM 135.75 and MAD of RM 0, the PSF demonstrates reasonable consistency across the market.

While the area has shown positive growth trends, price variations suggest a more dynamic market. This presents opportunities for investors comfortable with moderate volatility. Significant price variations suggest comparing multiple properties and timing the market carefully. 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

1 properties grouped by size

650 sqft
1 units Low-Cost Flat
RM 100,000
657 sqft · RM 152.00 PSF
Jul 2022