Area Intelligence

PANGSAPURI PALMA LAGUNA

6 properties
2024
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Median Price
RM 353,500
PSF: RM 322

Residential Market

Median Price

RM 353,500

IQR: RM 40
MAD: RM 19
RM 322 PSF 0.1%

PSF Trends (2021-2025)

PANGSAPURI PALMA LAGUNA in Seberang Perai Tengah, Penang recorded 6 subsale transactions in 2024, with a median price of RM 354K and a median price per square foot (PSF) of RM 322.

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 354K, with most transactions falling within a stable range of RM 319K to RM 388K, and a typical market range of RM 330K to RM 377K.

Most transactions involved condominium/apartment, with minimal variety in property types.

The median PSF stands at RM 322, with core pricing between RM 286 and RM 357. Market pricing typically extends from RM 301.50 to RM 341.50, reflecting moderate variation in unit pricing. With an IQR of RM 40.00 and MAD of RM 36, 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.

Area Location

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PANGSAPURI PALMA LAGUNA, Seberang Perai Tengah, Penang

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Transactions

6 properties found

Condo/Apartment
RM 400,000
1,040 sqft Oct 2024
RM 385.00 PSF
Condo/Apartment
RM 300,000
1,100 sqft Oct 2024
RM 273.00 PSF
Condo/Apartment
RM 352,000
1,100 sqft Aug 2024
RM 320.00 PSF
Condo/Apartment
RM 355,000
1,100 sqft May 2024
RM 323.00 PSF
Condo/Apartment
RM 400,000
1,100 sqft Mar 2024
RM 364.00 PSF
Condo/Apartment
RM 350,000
1,100 sqft Feb 2024
RM 318.00 PSF