DESA PERMATA

Area Intelligence
2023
Median Price
RM 955,000
PSF: RM 636

Residential PSF Trends

Median Price

RM 275,000

PSF: RM 399

Commercial PSF Trends

Median Price

RM 955,000

RM 636 PSF

DESA PERMATA in Timur Laut, Penang recorded 2 subsale transactions in 2023, with a median price of RM 955K and a median price per square foot (PSF) of RM 636.

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 955K, with most transactions falling within a stable range of RM 320K to RM 1.59 million, and a typical market range of RM 934K to RM 976K.

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

Price per square foot shows a median of RM 636, though individual units vary from RM 193 to RM 1,078 in the core range. The broader market spans RM 605.13 to RM 665.88, indicating diverse property characteristics. A wider spread (IQR: RM 60.75) and deviation (MAD: RM 443) 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. Limited transaction history suggests carefully evaluating comparable sales data.

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DESA PERMATA, Timur Laut, Penang

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Transactions

2 transactions grouped by size

1,450 sqft
Shop/Retail Lot
RM 1,590,000
Level 1
1,475 sqft · RM 1,078 PSF
1,650 sqft
Shop/Retail Lot
RM 320,000
Level 2
1,658 sqft · RM 193 PSF

No Properties For Sale

There are currently no properties listed for sale in this area.

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