Property Type
|
Road
|
Price
|
PSF
|
Size
|
Date
|
Type
|
|---|---|---|---|---|---|
| 2022 | |||||
|
Level 3
|
RM 260,000
|
RM 377
|
689 sqft
|
|
Flat |
|
Level 12
|
RM 250,000
|
RM 363
|
689 sqft
|
|
Flat |
|
Level 7
|
RM 275,000
|
RM 399
|
689 sqft
|
|
Flat |
|
Level 5
|
RM 265,000
|
RM 379
|
700 sqft
|
|
Flat |
|
Level 2
|
RM 255,000
|
RM 370
|
689 sqft
|
|
Flat |
|
Level 10
|
RM 295,000
|
RM 422
|
700 sqft
|
|
Flat |
|
Level 10
|
RM 220,000
|
RM 319
|
689 sqft
|
|
Flat |
|
Level 8
|
RM 288,000
|
RM 412
|
700 sqft
|
|
Flat |
|
Level 5
|
RM 298,000
|
RM 426
|
700 sqft
|
|
Flat |
|
Level 7
|
RM 360,000
|
RM 515
|
700 sqft
|
|
Flat |
|
Level 10
|
RM 310,000
|
RM 443
|
700 sqft
|
|
Flat |
|
Level 4
|
RM 275,000
|
RM 399
|
689 sqft
|
|
Flat |
|
Level 8
|
RM 280,000
|
RM 406
|
689 sqft
|
|
Flat |
|
Level 11
|
RM 300,000
|
RM 429
|
700 sqft
|
|
Flat |
|
Level 1
|
RM 950,000
|
RM 644
|
1,475 sqft
|
|
Shop |
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Market Snapshot
ResidentialRM 277,500
RM 403 psfMedian transaction price
Desa Permata, Farlim, 11500 Air Itam, Penang, Malaysia
MapsDesa Permata in Timur Laut, Penang recorded 15 subsale transactions in 2022, with a median price of RM 280K and a median price per square foot (PSF) of RM 406.
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 280K, with most transactions falling within a stable range of RM 220K to RM 450K, and a typical market range of RM 258K to RM 303K.
Most transactions involved flats, with minimal variety in property types.
The median PSF stands at RM 406, with core pricing between RM 333 and RM 480. Market pricing typically extends from RM 373.45 to RM 439.45, reflecting moderate variation in unit pricing. The spread of RM 66.00 (IQR) and deviation of RM 73 (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. Some price volatility exists, making thorough market research essential before transacting. Limited transaction history suggests carefully evaluating comparable sales data.