Penang
Timur Laut
13
DESA PERMATA

DESA PERMATA

Area Intelligence

2023

Median Price

RM 280,000

PSF: RM 400

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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.

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

For price per square foot, the median is RM 400, with most transactions between RM 400 and RM 400. The usual range is RM 369.63 to RM 430.38, showing that most units are priced quite close to each other. With an IQR of RM 60.75 and MAD of RM 0, 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. Moderate transaction volume may require patience when buying or selling.

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DESA PERMATA, Timur Laut, Penang

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