Penang
Timur Laut
13
PALM PALLADIUM

PALM PALLADIUM

Area Intelligence

2022

Median Price

RM 685,000

PSF: RM 522

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Residential PSF Trends

Median Price

RM 685,000

PSF: RM 522

PALM PALLADIUM in Timur Laut, Penang recorded 5 subsale transactions in 2022, with a median price of RM 685K and a median price per square foot (PSF) of RM 522.

This area consists exclusively of residential properties, with no commercial listings recorded.

Price remained flat, and PSF growth was PSF remained flat. The median price is RM 685K, with most transactions falling within a stable range of RM 750K to RM 738K, and a typical market range of RM 750K to RM 753K.

Most transactions involved condominium/apartment, with minimal variety in property types.

The median PSF stands at RM 522, with core pricing between RM 460 and RM 585. Market pricing typically extends from RM 485.50 to RM 558.50, reflecting moderate variation in unit pricing. With an IQR of RM 73.00 and MAD of RM 63, 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. The consistent property type and stable pricing make it easier to assess value and compare trends. Limited transaction history suggests carefully evaluating comparable sales data.

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PALM PALLADIUM, Timur Laut, Penang

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