DESA PERMATA

Area Intelligence
2024
Median Price
RM 270,000
PSF: RM 377

Residential PSF Trends

Median Price

RM 260,000

PSF: RM 377

Commercial PSF Trends

Median Price

RM 355,000

RM 189 PSF

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 300K to RM 295K, and a typical market range of RM 300K to RM 291K.

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

Price per square foot shows a median of RM 377, though individual units vary from RM 254 to RM 500 in the core range. The broader market spans RM 346.63 to RM 407.38, indicating diverse property characteristics. A wider spread (IQR: RM 60.75) and deviation (MAD: RM 123) indicate significant PSF variations, likely due to diverse property types or conditions.

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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Transactions

6 transactions grouped by size

700 sqft
Flat
RM 300,000
Level 7
678 sqft · RM 442 PSF
RM 300,000
Level 6
689 sqft · RM 435 PSF
RM 320,000
Level 3
689 sqft · RM 465 PSF
RM 305,000
Level 5
689 sqft · RM 443 PSF
1,650 sqft
Shop/Retail Lot
RM 370,000
Level 2
1,658 sqft · RM 223 PSF
2,200 sqft
Shop/Retail Lot
RM 340,000
Level 2
2,207 sqft · RM 154 PSF

No Properties For Sale

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

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