Area Intelligence

TMN DESA PALMA

1 properties
2021
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Median Price
RM 560,000
PSF: RM 69

Residential Market

Median Price

RM 560,000

IQR: RM 136
MAD: RM 95
RM 69 PSF 34.7%

PSF Trends (2021-2025)

TMN DESA PALMA in Seberang Perai Tengah, Penang recorded 1 subsale transactions in 2021, with a median price of RM 560K and a median price per square foot (PSF) of RM 69.

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

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

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

For price per square foot, the median is RM 69, with most transactions between RM 69 and RM 69. The usual range is RM 1.13 to RM 136.88, 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. Some price volatility exists, making thorough market research essential before transacting. 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

8,150 sqft
1 units Detached
RM 560,000
LORONG DESA PALMA 11
8,159 sqft · RM 69.00 PSF
Nov 2021