DESA PERMATA

Area Intelligence
2024
Median Price
RM 355,000
PSF: RM 189

Residential PSF Trends

Median Price

RM 275,000

PSF: RM 399

Commercial PSF Trends

Median Price

RM 355,000

RM 189 PSF

DESA PERMATA in Timur Laut, Penang recorded 2 subsale transactions in 2024, with a median price of RM 355K and a median price per square foot (PSF) of RM 189.

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 355K, with most transactions falling within a stable range of RM 340K to RM 370K, and a typical market range of RM 340K to RM 370K.

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

The median PSF stands at RM 189, with core pricing between RM 154 and RM 223. Market pricing typically extends from RM 158.13 to RM 218.88, reflecting moderate variation in unit pricing. The spread of RM 60.75 (IQR) and deviation of RM 35 (MAD) suggest moderate price variations reflecting different property features.

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

2 transactions grouped by size

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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