DESA PERMATA in Timur Laut, Penang recorded 19 subsale transactions in 2024, with a median price of RM 270K 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 270K, with most transactions falling within a stable range of RM 232K to RM 308K, and a typical market range of RM 249K to RM 291K.
Most transactions involved flats, with minimal variety in property types.
The median PSF stands at RM 377, with core pricing between RM 303 and RM 451. Market pricing typically extends from RM 346.63 to RM 407.38, reflecting moderate variation in unit pricing. The spread of RM 60.75 (IQR) and deviation of RM 74 (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.
