Area Intelligence

PANGSAPURI PALMA LAGUNA

8 properties
2021
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Median Price
RM 355,000
PSF: RM 323

Residential Market

Median Price

RM 355,000

IQR: RM 40
MAD: RM 19
RM 323 PSF 0.1%

PSF Trends (2021-2025)

PANGSAPURI PALMA LAGUNA in Seberang Perai Tengah, Penang recorded 8 subsale transactions in 2021, with a median price of RM 355K and a median price per square foot (PSF) of RM 323.

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 355K, with most transactions falling within a stable range of RM 327K to RM 380K, and a typical market range of RM 332K to RM 378K.

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

For price per square foot, the median is RM 323, with most transactions between RM 294 and RM 351. The usual range is RM 302.50 to RM 342.50, showing that most units are priced quite close to each other. A typical spread (IQR) of RM 40.00 and an average deviation (MAD) of RM 29 indicate a highly stable PSF trend across properties.

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

8 properties grouped by size

1,050 sqft
5 units Condo/Apartment
RM 370,000
1,040 sqft · RM 356.00 PSF
Dec 2021
RM 320,000
1,040 sqft · RM 308.00 PSF
Dec 2021
RM 312,000
1,044 sqft · RM 299.00 PSF
Dec 2021
RM 360,000
1,040 sqft · RM 346.00 PSF
Nov 2021
RM 380,000
1,040 sqft · RM 365.00 PSF
Aug 2021
1,100 sqft
3 units Condo/Apartment
RM 360,000
1,100 sqft · RM 327.00 PSF
Dec 2021
RM 300,000
1,100 sqft · RM 273.00 PSF
Dec 2021
RM 350,000
1,100 sqft · RM 318.00 PSF
Nov 2021