Area Intelligence

DESA PERMAI INDAH

8 properties
Flat
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Median Price
RM 355,000
PSF: RM 393

Residential Market

Median Price

RM 355,000

IQR: RM 80
MAD: RM 42
RM 393 PSF 9.9%

PSF Trends (2021-2025)

Commercial Market

Median Price

RM 1,200,000

IQR: RM 3
MAD: RM 3
RM 918 PSF 0.3%

PSF Trends (2021-2025)

PROPERTY TYPES OVERVIEW

DESA PERMAI INDAH in Timur Laut, Penang recorded 8 Flat properties subsale transactions between 2021 and 2025 for flat properties, with a median price of RM 355K and a median price per square foot (PSF) of RM 393.

This area contains both residential and commercial properties. View 113 residential properties or 2 commercial properties separately for more focused analysis.

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 316K to RM 394K, and a typical market range of RM 290K to RM 400K.

Within the Flat category, low-cost flat dominated the market, with moderate diversity in property types available.

The median PSF stands at RM 393, with core pricing between RM 348 and RM 437. Market pricing typically extends from RM 350.50 to RM 434.50, reflecting moderate variation in unit pricing. With an IQR of RM 84.00 and MAD of RM 45, 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.

Area Location

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DESA PERMAI INDAH, Timur Laut, Penang

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Transactions

8 properties grouped by size

900 sqft
3 units Flat
RM 360,000
904 sqft · RM 398.00 PSF
Oct 2024
RM 350,000
904 sqft · RM 387.00 PSF
May 2024
RM 390,000
904 sqft · RM 431.00 PSF
Apr 2024
950 sqft
5 units Flat
RM 300,000
947 sqft · RM 317.00 PSF
Apr 2024
RM 380,000
947 sqft · RM 401.00 PSF
Dec 2023
RM 290,000
947 sqft · RM 306.00 PSF
Nov 2023
RM 400,000
947 sqft · RM 422.00 PSF
Nov 2023
RM 323,000
947 sqft · RM 341.00 PSF
Jul 2023