Property Type
|
Road
|
Price
|
PSF
|
Size
|
Date
|
Type
|
|---|---|---|---|---|---|
| 2021 | |||||
|
Level 1
|
RM 280,000
|
RM 406
|
689 sqft
|
|
Flat |
|
Level 2
|
RM 280,000
|
RM 406
|
689 sqft
|
|
Flat |
|
Level 10
|
RM 233,000
|
RM 333
|
700 sqft
|
|
Flat |
|
Level 12
|
RM 270,000
|
RM 386
|
700 sqft
|
|
Flat |
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Market Snapshot
ResidentialRM 275,000
RM 396 psfMedian transaction price
Desa Permata, Farlim, 11500 Air Itam, Penang, Malaysia
MapsDesa Permata in Timur Laut, Penang recorded 4 subsale transactions in 2021, with a median price of RM 275K and a median price per square foot (PSF) of RM 396.
This area contains both residential and commercial properties. View 75 residential properties or 6 commercial properties separately for more focused analysis.
Price remained flat, and PSF growth was PSF remained flat. The median price is RM 275K, with most transactions falling within a stable range of RM 256K to RM 280K, and a typical market range of RM 253K to RM 280K.
Most transactions involved flats, with minimal variety in property types.
For price per square foot, the median is RM 396, with most transactions between RM 366 and RM 426. The usual range is RM 363.18 to RM 429.18, showing that most units are priced quite close to each other. With an IQR of RM 66.00 and MAD of RM 30, 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. Moderate price stability provides a balanced market for both buyers and sellers. Limited transaction history suggests carefully evaluating comparable sales data.