DESA PERMAI INDAH in Timur Laut, Penang recorded 38 subsale transactions in 2023, with a median price of RM 183K and a median price per square foot (PSF) of RM 328.
This area contains both residential and commercial properties. View 117 residential properties or 2 commercial properties separately for more focused analysis.
Price remained flat, and PSF growth was PSF remained flat. The median price is RM 183K, with most transactions falling within a stable range of RM 120K to RM 285K, and a typical market range of RM 120K to RM 271K.
Most transactions involved low-cost flat, with moderate diversity in property types available.
The median PSF stands at RM 328, with core pricing between RM 266 and RM 390. Market pricing typically extends from RM 290.00 to RM 366.00, reflecting moderate variation in unit pricing. The spread of RM 76.00 (IQR) and deviation of RM 62 (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. Significant price variations suggest comparing multiple properties and timing the market carefully. Moderate transaction volume may require patience when buying or selling.
