DESA PERMATA

Area Intelligence
2021
Median Price
RM 275,000
PSF: RM 396

Residential PSF Trends

Median Price

RM 275,000

PSF: RM 396

Commercial PSF Trends

Median Price

RM 370,000

RM 223 PSF

DESA 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 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 275K, with most transactions falling within a stable range of RM 255K to RM 295K, and a typical market range of RM 254K to RM 296K.

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 365.63 to RM 426.38, showing that most units are priced quite close to each other. With an IQR of RM 60.75 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.

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DESA PERMATA, Timur Laut, Penang

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