Area Intelligence

DESA PERMAI INDAH

33 properties
2024
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Median Price
RM 200,000
PSF: RM 364

Residential Market

Median Price

RM 200,000

IQR: RM 80
MAD: RM 42
RM 360 PSF 9.9%

PSF Trends (2021-2025)

Commercial Market

Median Price

RM 1,300,000

IQR: RM 3
MAD: RM 3
RM 915 PSF 0.3%

PSF Trends (2021-2025)

DESA PERMAI INDAH in Timur Laut, Penang recorded 33 subsale transactions in 2024, with a median price of RM 200K and a median price per square foot (PSF) of RM 364.

This area contains both residential and commercial properties. View 113 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 200K, with most transactions falling within a stable range of RM 125K to RM 402K, and a typical market range of RM 125K to RM 290K.

Most transactions involved low-cost flat, with moderate diversity in property types available.

Price per square foot shows a median of RM 364, though individual units vary from RM 252 to RM 476 in the core range. The broader market spans RM 322.00 to RM 406.00, indicating diverse property characteristics. A wider spread (IQR: RM 84.00) and deviation (MAD: RM 112) indicate significant PSF variations, likely due to diverse property types or conditions.

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.

Area Location

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DESA PERMAI INDAH, Timur Laut, Penang

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Transactions

33 properties grouped by size

550 sqft
21 units (showing 6) Low-Cost Flat
RM 200,000
549 sqft · RM 364.00 PSF
Oct 2024
RM 160,000
549 sqft · RM 291.00 PSF
Oct 2024
RM 200,000
549 sqft · RM 364.00 PSF
Sep 2024
RM 185,000
549 sqft · RM 337.00 PSF
Aug 2024
RM 180,000
549 sqft · RM 328.00 PSF
Aug 2024
RM 200,000
549 sqft · RM 364.00 PSF
Aug 2024
600 sqft
1 units Low-Cost Flat
RM 165,000
581 sqft · RM 284.00 PSF
Jan 2024
650 sqft
1 units Low-Cost Flat
RM 170,000
667 sqft · RM 255.00 PSF
Jan 2024
900 sqft
6 units
RM 350,000
Condo/Apartment
904 sqft · RM 387.00 PSF
Nov 2024
RM 380,000
Condo/Apartment
904 sqft · RM 420.00 PSF
Oct 2024
RM 360,000
Flat
904 sqft · RM 398.00 PSF
Oct 2024
RM 380,000
Condo/Apartment
904 sqft · RM 420.00 PSF
Sep 2024
RM 350,000
Flat
904 sqft · RM 387.00 PSF
May 2024
RM 390,000
Flat
904 sqft · RM 431.00 PSF
Apr 2024
950 sqft
3 units
RM 375,000
Condo/Apartment
947 sqft · RM 396.00 PSF
Jul 2024
RM 350,000
Condo/Apartment
947 sqft · RM 370.00 PSF
Jun 2024
RM 300,000
Flat
947 sqft · RM 317.00 PSF
Apr 2024
1,400 sqft
1 units Double Storey Shop
RM 1,300,000
LORONG HELANG 3
1,421 sqft · RM 915.00 PSF
Jul 2024