Penang
Timur Laut
13
DESA PERMATA

DESA PERMATA

Area Intelligence

2023

Median Price

RM 279,000

PSF: RM 400

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Residential PSF Trends

Median Price

RM 279,000

PSF: RM 400

Commercial PSF Trends

Median Price

RM 370,000

RM 223 PSF

DESA PERMATA in Timur Laut, Penang recorded 23 subsale transactions in 2023, with a median price of RM 279K 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 279K, with most transactions falling within a stable range of RM 249K to RM 309K, and a typical market range of RM 258K to RM 300K.

Most transactions involved flats, with minimal variety in property types.

The median PSF stands at RM 400, with core pricing between RM 357 and RM 443. Market pricing typically extends from RM 369.63 to RM 430.38, reflecting moderate variation in unit pricing. With an IQR of RM 60.75 and MAD of RM 43, the PSF demonstrates reasonable consistency across the market.

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

OSM

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Transactions

20 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

Min Price (RM)

Max Price (RM)

Clear

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

Min Size (sqft)

Max Size (sqft)

Clear

Road	Price	Land PSF	Land	Date	Type

700 sqft

Flat

700 sqft

Flat

RM 279,000

Level 7

689 sqft · RM 405 PSF

Nov 2023

RM 257,000

Level 3

689 sqft · RM 373 PSF

Nov 2023

RM 285,000

Level 8

700 sqft · RM 407 PSF

Oct 2023

RM 300,000

Level 7

689 sqft · RM 435 PSF

Oct 2023

RM 290,000

Level 3

689 sqft · RM 421 PSF

Oct 2023

RM 265,000

Level 8

689 sqft · RM 385 PSF

Aug 2023

Level 7	RM 279,000	RM 405	689 sqft	Nov 2023
Level 3	RM 257,000	RM 373	689 sqft	Nov 2023
Level 8	RM 285,000	RM 407	700 sqft	Oct 2023
Level 7	RM 300,000	RM 435	689 sqft	Oct 2023
Level 3	RM 290,000	RM 421	689 sqft	Oct 2023
Level 8	RM 265,000	RM 385	689 sqft	Aug 2023