DESA PERMATA

Area Intelligence
2024
Median Price
RM 260,000
PSF: RM 377

Residential PSF Trends

Median Price

RM 260,000

PSF: RM 377

Commercial PSF Trends

Median Price

RM 370,000

RM 223 PSF

DESA PERMATA in Timur Laut, Penang recorded 17 subsale transactions in 2024, with a median price of RM 260K and a median price per square foot (PSF) of RM 377.

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 260K, with most transactions falling within a stable range of RM 235K to RM 285K, and a typical market range of RM 239K to RM 281K.

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

For price per square foot, the median is RM 377, with most transactions between RM 340 and RM 414. The usual range is RM 346.63 to RM 407.38, showing that most units are priced quite close to each other. With an IQR of RM 60.75 and MAD of RM 37, the PSF demonstrates reasonable consistency across the market.

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

17 transactions grouped by size

700 sqft
Flat
RM 270,000
Level 7
689 sqft · RM 392 PSF
RM 240,000
Level 8
689 sqft · RM 348 PSF
RM 270,000
Level 6
689 sqft · RM 392 PSF
RM 200,000
Level 3
700 sqft · RM 286 PSF
RM 243,000
Level 13
689 sqft · RM 353 PSF
RM 300,000
Level 7
678 sqft · RM 442 PSF

No Properties For Sale

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

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