| Road | Price | PSF | Size | Date | Type |
|---|
|
Level 22
|
RM 670,000
|
RM 510
|
1,313 sqft
|
|
|
|
Level 10
|
RM 685,000
|
RM 522
|
1,313 sqft
|
|
|
|
Level 19
|
RM 750,000
|
RM 571
|
1,313 sqft
|
|
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Market Snapshot
ResidentialRM 685,000
RM 522 psfMedian transaction price
Palm Palladium, 11700 Gelugor, Pulau Pinang, Malaysia
MapsPalm Palladium in Timur Laut, Penang recorded 5 subsale transactions in 2022, with a median price of RM 685K and a median price per square foot (PSF) of RM 522.
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 685K, with most transactions falling within a stable range of RM 598K to RM 772K, and a typical market range of RM 618K to RM 753K.
Most transactions involved condominium/apartment, with minimal variety in property types.
For price per square foot, the median is RM 522, with most transactions between RM 481 and RM 562. The usual range is RM 485.13 to RM 558.13, showing that most units are priced quite close to each other. With an IQR of RM 73.00 and MAD of RM 41, 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.