Penang
Timur Laut
13
DESA PERMATA

DESA PERMATA

Area Intelligence

2023

Median Price

RM 280,000

PSF: RM 400

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Residential PSF Trends

Median Price

RM 279,000

PSF: RM 400

Commercial PSF Trends

Median Price

RM 955,000

RM 636 PSF

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.

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DESA PERMATA, Timur Laut, Penang

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Transactions

6 transactions grouped by size

Popular Ranges

Under RM 300k RM 300k - 500k RM 500k - 750k RM 750k - 1M RM 1M - 2M RM 2M+

Custom Range

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Size Range (sqft)

Popular Ranges

Under 1,000 sqft 1,000 - 2,000 sqft 2,000 - 3,000 sqft 3,000 - 5,000 sqft 5,000 - 10,000 sqft 10,000+ sqft

Custom Range

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Road	Price	Land PSF	Land	Date	Type

700 sqft

Flat

700 sqft

Flat

RM 300,000

Level 7

689 sqft · RM 435 PSF

Oct 2023

RM 300,000

Level 13

689 sqft · RM 435 PSF

May 2023

RM 358,000

Level 10

700 sqft · RM 512 PSF

Mar 2023

RM 335,000

Level 11

689 sqft · RM 486 PSF

Feb 2023

RM 315,000

Level 7

700 sqft · RM 450 PSF

Feb 2023

Level 7	RM 300,000	RM 435	689 sqft	Oct 2023
Level 13	RM 300,000	RM 435	689 sqft	May 2023
Level 10	RM 358,000	RM 512	700 sqft	Mar 2023
Level 11	RM 335,000	RM 486	689 sqft	Feb 2023
Level 7	RM 315,000	RM 450	700 sqft	Feb 2023