|
Road
|
Price
|
PSF
|
Size
|
Date
|
Type
|
|---|---|---|---|---|---|
| 2024 | |||||
|
Level 14
|
RM 605,000
|
RM 540
|
1,119 sqft
|
|
Condo |
|
Level 10
|
RM 615,000
|
RM 549
|
1,119 sqft
|
|
Condo |
| 2023 | |||||
|
Level 12
|
RM 640,000
|
RM 572
|
1,119 sqft
|
|
Condo |
|
Level 21
|
RM 625,000
|
RM 558
|
1,119 sqft
|
|
Condo |
| 2022 | |||||
|
Level 20
|
RM 595,000
|
RM 532
|
1,119 sqft
|
|
Condo |
| 2021 | |||||
|
Level 19
|
RM 610,000
|
RM 545
|
1,119 sqft
|
|
Condo |
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Market Snapshot
ResidentialRM 612,500
RM 547 psfMedian transaction price
Palm Palladium, 11700 Gelugor, Pulau Pinang, Malaysia
MapsPalm Palladium in Timur Laut, Penang recorded 6 subsale transactions between 2021 and 2026, sized between 1,075 and 1,124 sqft, with a median price of RM 613K and a median price per square foot (PSF) of RM 547.
This area consists exclusively of residential properties, with no commercial listings recorded.
Price remained flat, and PSF growth was PSF remained flat. The median price is RM 613K, with most transactions falling within a stable range of RM 598K to RM 627K, and a typical market range of RM 595K to RM 640K.
Most transactions involved condominium/apartment, with minimal variety in property types.
For price per square foot, the median is RM 547, with most transactions between RM 534 and RM 560. The usual range is RM 510.64 to RM 583.64, showing that most units are priced quite close to each other. With an IQR of RM 73.00 and MAD of RM 13, 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. The consistent property type and stable pricing make it easier to assess value and compare trends. Limited transaction history suggests carefully evaluating comparable sales data.