Penang
Timur Laut
13
DESA PERMATA

DESA PERMATA

Area Intelligence

2022

Median Price

RM 280,000

PSF: RM 406

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Residential PSF Trends

Median Price

RM 277,500

PSF: RM 403

Commercial PSF Trends

Median Price

RM 950,000

RM 644 PSF

DESA 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 67 residential properties or 5 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 259K to RM 301K.

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 479. Market pricing typically extends from RM 375.63 to RM 436.38, reflecting moderate variation in unit pricing. The spread of RM 60.75 (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.

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DESA PERMATA, Timur Laut, Penang

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Transactions

15 transactions grouped by size

Popular Ranges

Under RM 300k RM 300k - 500k RM 500k - 750k RM 750k - 1M RM 1M - 2M RM 2M+

Custom Range

Min Price (RM)

Max Price (RM)

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Size Range (sqft)

Popular Ranges

Under 1,000 sqft 1,000 - 2,000 sqft 2,000 - 3,000 sqft 3,000 - 5,000 sqft 5,000 - 10,000 sqft 10,000+ sqft

Custom Range

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Max Size (sqft)

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Road	Price	Land PSF	Land	Date	Type

700 sqft

Flat

700 sqft

Flat

RM 260,000

Level 3

689 sqft · RM 377 PSF

Nov 2022

RM 250,000

Level 12

689 sqft · RM 363 PSF

Nov 2022

RM 275,000

Level 7

689 sqft · RM 399 PSF

Sep 2022

RM 265,000

Level 5

700 sqft · RM 379 PSF

Sep 2022

RM 255,000

Level 2

689 sqft · RM 370 PSF

Jun 2022

RM 295,000

Level 10

700 sqft · RM 422 PSF

Jun 2022

Level 3	RM 260,000	RM 377	689 sqft	Nov 2022
Level 12	RM 250,000	RM 363	689 sqft	Nov 2022
Level 7	RM 275,000	RM 399	689 sqft	Sep 2022
Level 5	RM 265,000	RM 379	700 sqft	Sep 2022
Level 2	RM 255,000	RM 370	689 sqft	Jun 2022
Level 10	RM 295,000	RM 422	700 sqft	Jun 2022