|
Road
|
Price
|
PSF
|
Size
|
Date
|
Type
|
|---|---|---|---|---|---|
| 2024 | |||||
|
Level 6
|
RM 625,000
|
RM 476
|
1,313 sqft
|
|
Condo |
| 2022 | |||||
|
Level 22
|
RM 670,000
|
RM 510
|
1,313 sqft
|
|
Condo |
|
Level 10
|
RM 685,000
|
RM 522
|
1,313 sqft
|
|
Condo |
|
Level 19
|
RM 750,000
|
RM 571
|
1,313 sqft
|
|
Condo |
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Market Snapshot
ResidentialRM 677,500
RM 516 psfMedian transaction price
Palm Palladium, 11700 Gelugor, Pulau Pinang, Malaysia
MapsPalm Palladium in Timur Laut, Penang recorded 4 subsale transactions between 2021 and 2026, sized between 1,275 and 1,324 sqft, with a median price of RM 678K and a median price per square foot (PSF) of RM 516.
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 678K, with most transactions falling within a stable range of RM 633K to RM 722K, and a typical market range of RM 625K to RM 745K.
Most transactions involved condominium/apartment, with minimal variety in property types.
For price per square foot, the median is RM 516, with most transactions between RM 482 and RM 550. The usual range is RM 479.42 to RM 552.42, showing that most units are priced quite close to each other. With an IQR of RM 73.00 and MAD of RM 34, 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.