DESA PERMATA in Timur Laut, Penang recorded 25 subsale transactions in 2023, with a median price of RM 280K and a median price per square foot (PSF) of RM 400.
This area contains both residential and commercial properties. View 67 residential properties or 5 commercial properties separately for more focused analysis.
Price remained flat, and PSF growth was PSF remained flat. The median price is RM 280K, with most transactions falling within a stable range of RM 300K to RM 300K, and a typical market range of RM 300K to RM 301K.
Most transactions involved flats, with minimal variety in property types.
Price per square foot shows a median of RM 400, though individual units vary from RM 295 to RM 505 in the core range. The broader market spans RM 369.63 to RM 430.38, indicating diverse property characteristics. A wider spread (IQR: RM 60.75) and deviation (MAD: RM 105) 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. Moderate transaction volume may require patience when buying or selling.
