TMN DESA PALMA
Residential Market
Median Price
RM 560,000
PSF Trends (2021-2025)
PROPERTY TYPES OVERVIEW
Double Storey Terraced
138 properties
Median Price
RM 676,500
+9.9% CAGR
Median PSF
RM 433.00
+6.7% CAGR
Double Storey Shop
7 properties
Median Price
RM 1,042,500
+52.7% CAGR
Median PSF
RM 579.75
+52.9% CAGR
Detached
6 properties
Median Price
RM 827,500
+15.1% CAGR
Median PSF
RM 189.75
+34.7% CAGR
Double Storey Semi-D
3 properties
Median Price
RM 792,000
+4.4% CAGR
Median PSF
RM 232.25
+15.0% CAGR
3-Storey Storey Shop
1 properties
Median Price
RM 1,890,000
Median PSF
RM 455.00
Low-Cost Flat
1 properties
Median Price
RM 100,000
Median PSF
RM 152.00
Shop/Retail Lot
1 properties
Median Price
RM 200,000
Median PSF
RM 198.00
| Property Type | Properties | Median Price | Price CAGR | Median PSF | PSF CAGR | |
|---|---|---|---|---|---|---|
| Double Storey Terraced | 138 |
RM 676,500
±14K MAD
|
+9.93% |
RM 433.00
±3 MAD
|
+6.67% | |
| Double Storey Shop | 7 |
RM 1,042,500
±218K MAD
|
+52.73% |
RM 579.75
±121 MAD
|
+52.89% | |
| Detached | 6 |
RM 827,500
±148K MAD
|
+15.15% |
RM 189.75
±57 MAD
|
+34.66% | |
| Double Storey Semi-D | 3 |
RM 792,000
±17K MAD
|
+4.39% |
RM 232.25
±16 MAD
|
+15.05% | |
| 3-Storey Storey Shop | 1 |
RM 1,890,000
|
- |
RM 455.00
|
- | |
| Low-Cost Flat | 1 |
RM 100,000
|
- |
RM 152.00
|
- | |
| Shop/Retail Lot | 1 |
RM 200,000
|
- |
RM 198.00
|
- |
TMN DESA PALMA in Seberang Perai Tengah, Penang recorded 1 subsale transactions in 2021, with a median price of RM 560K and a median price per square foot (PSF) of RM 69.
This area consists exclusively of residential properties, with no commercial listings recorded.
Price remained flat, and PSF growth was PSF remained flat.
Most transactions involved 2 - 2 1/2 storey terraced, with high diversity across multiple property types.
For price per square foot, the median is RM 69, with most transactions between RM 69 and RM 69. The usual range is RM 1.13 to RM 136.88, showing that most units are priced quite close to each other. With an IQR of RM 135.75 and MAD of RM 0, the PSF demonstrates reasonable consistency across the market.
While the area has shown positive growth trends, price variations suggest a more dynamic market. This presents opportunities for investors comfortable with moderate volatility. Some price volatility exists, making thorough market research essential before transacting. Limited transaction history suggests carefully evaluating comparable sales data.
Filter by type, year, price, and size
Transactions
1 properties grouped by size
| Road | Price | PSF | Size | Date | Type |
|---|
|
LORONG DESA PALMA 11
|
RM 560,000
|
RM 69.00
|
8,159 sqft
|
Nov 2021
|