Penang
Timur Laut
13
DESA PERMAI INDAH

DESA PERMAI INDAH

Area Intelligence

2021

Median Price

RM 149,000

PSF: RM 271

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Residential PSF Trends

Median Price

RM 149,000

PSF: RM 271

Commercial PSF Trends

Median Price

RM 1,200,000

RM 918 PSF

DESA PERMAI INDAH in Timur Laut, Penang recorded 12 subsale transactions in 2021, with a median price of RM 149K and a median price per square foot (PSF) of RM 271.

This area contains both residential and commercial properties. View 117 residential properties or 2 commercial properties separately for more focused analysis.

Price remained flat, and PSF growth was PSF remained flat. The median price is RM 149K, with most transactions falling within a stable range of RM 132K to RM 165K, and a typical market range of RM 118K to RM 165K.

Most transactions involved low-cost flat, with moderate diversity in property types available.

The median PSF stands at RM 271, with core pricing between RM 241 and RM 301. Market pricing typically extends from RM 233.00 to RM 309.00, reflecting moderate variation in unit pricing. With an IQR of RM 76.00 and MAD of RM 30, the PSF demonstrates reasonable consistency across the market.

While the area has shown positive growth trends, price variations suggest a more dynamic market. This presents opportunities for investors comfortable with moderate volatility. Significant price variations suggest comparing multiple properties and timing the market carefully. Limited transaction history suggests carefully evaluating comparable sales data.

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DESA PERMAI INDAH, Timur Laut, Penang

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