Property Type
| Road | Price | PSF | Size | Date | Type |
|---|
|
Level 4
|
RM 160,000
|
RM 291
|
549 sqft
|
|
|
|
Level 1
|
RM 130,000
|
RM 237
|
549 sqft
|
|
|
|
Level 3
|
RM 118,000
|
RM 215
|
549 sqft
|
|
|
|
Level 3
|
RM 155,000
|
RM 282
|
549 sqft
|
|
|
|
Level 4
|
RM 120,000
|
RM 219
|
549 sqft
|
|
|
|
Level G
|
RM 143,000
|
RM 260
|
549 sqft
|
|
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Market Snapshot
ResidentialRM 149,000
RM 271 psfMedian transaction price
Desa Permai Indah, 11700 Gelugor, Pulau Pinang, Malaysia
MapsDesa 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 122 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 118K to RM 214K, and a typical market range of RM 118K to RM 238K.
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 225 and RM 318. Market pricing typically extends from RM 231.55 to RM 311.30, reflecting moderate variation in unit pricing. The spread of RM 79.75 (IQR) and deviation of RM 46 (MAD) suggest moderate price variations reflecting different property features.
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.