Desa Permai Indah

11700 Gelugor, Pulau Pinang, Malaysia

Property Transactions

38 subsales grouped by size · LC Flat →

Median
RM 183,000
PSF
RM 328
Price Size
Period
transactions middle 50% (P25–P75)
550 sqft
LC Flat
RM 180,000
Level 1
549 sqft · RM 328 PSF
RM 160,000
Level 1
570 sqft · RM 280 PSF
RM 145,000
Level 5
549 sqft · RM 264 PSF
RM 180,000
Level 4
549 sqft · RM 328 PSF
RM 170,000
Level 4
549 sqft · RM 310 PSF
RM 130,000
Level 3
549 sqft · RM 237 PSF
+13 more
600 sqft
LC Flat
RM 174,000
Level 3
624 sqft · RM 279 PSF
RM 135,000
Level 4
624 sqft · RM 216 PSF
650 sqft
LC Flat
RM 150,000
Level 4
667 sqft · RM 225 PSF
900 sqft
Condo
RM 344,000
Level 10
904 sqft · RM 380 PSF
RM 390,000
Level 10
904 sqft · RM 431 PSF
RM 380,000
Level 1
904 sqft · RM 420 PSF
RM 400,000
Level 7
904 sqft · RM 442 PSF
RM 380,000
Level 6
947 sqft · RM 401 PSF
RM 400,000
Level 6
947 sqft · RM 422 PSF
RM 290,000
Level 5
947 sqft · RM 306 PSF
RM 333,000
Level 8
947 sqft · RM 352 PSF
RM 383,000
Level 12
947 sqft · RM 404 PSF
RM 340,000
Level 3
947 sqft · RM 359 PSF
+6 more
Legend Recent Highest Price Highest PSF

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Market Snapshot

Residential

RM 183,000

RM 328 psf

Median transaction price

Desa Permai Indah
© OpenStreetMap · CARTO

Desa Permai Indah, 11700 Gelugor, Pulau Pinang, Malaysia

Maps

Desa Permai Indah in Timur Laut, Penang recorded 38 subsale transactions in 2023, with a median price of RM 183K and a median price per square foot (PSF) of RM 328.

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 183K, with most transactions falling within a stable range of RM 120K to RM 285K, and a typical market range of RM 120K to RM 272K.

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

The median PSF stands at RM 328, with core pricing between RM 265 and RM 390. Market pricing typically extends from RM 288.02 to RM 367.77, reflecting moderate variation in unit pricing. The spread of RM 79.75 (IQR) and deviation of RM 62 (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. Moderate transaction volume may require patience when buying or selling.