DESA PERMATA

Area Intelligence
2023
Median Price
RM 280,000
PSF: RM 400

Residential PSF Trends

Median Price

RM 279,000

PSF: RM 400

Commercial PSF Trends

Median Price

RM 955,000

RM 636 PSF

DESA PERMATA in Timur Laut, Penang recorded 25 subsale transactions in 2023, with a median price of RM 280K and a median price per square foot (PSF) of RM 400.

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 538K, and a typical market range of RM 259K to RM 301K.

Most transactions involved flats, with minimal variety in property types.

Price per square foot shows a median of RM 400, though individual units vary from RM 254 to RM 546 in the core range. The broader market spans RM 369.63 to RM 430.38, indicating diverse property characteristics. A wider spread (IQR: RM 60.75) and deviation (MAD: RM 146) indicate significant PSF variations, likely due to diverse property types or conditions.

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.

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DESA PERMATA, Timur Laut, Penang

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Transactions

25 transactions grouped by size

700 sqft
Flat
RM 279,000
Level 7
689 sqft · RM 405 PSF
RM 257,000
Level 3
689 sqft · RM 373 PSF
RM 285,000
Level 8
700 sqft · RM 407 PSF
RM 300,000
Level 7
689 sqft · RM 435 PSF
RM 290,000
Level 3
689 sqft · RM 421 PSF
RM 265,000
Level 8
689 sqft · RM 385 PSF
1,450 sqft
Shop/Retail Lot
RM 1,590,000
Level 1
1,475 sqft · RM 1,078 PSF
1,650 sqft
Shop/Retail Lot
RM 320,000
Level 2
1,658 sqft · RM 193 PSF

No Properties For Sale

There are currently no properties listed for sale in this area.

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