Area Intelligence

DESA PERMAI INDAH

30 properties
2022
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Median Price
RM 180,000
PSF: RM 328

Residential Market

Median Price

RM 180,000

IQR: RM 80
MAD: RM 42
RM 328 PSF 9.9%

PSF Trends (2021-2025)

Commercial Market

Median Price

RM 1,100,000

IQR: RM 3
MAD: RM 3
RM 921 PSF 0.3%

PSF Trends (2021-2025)

PROPERTY TYPES OVERVIEW

DESA PERMAI INDAH in Timur Laut, Penang recorded 30 subsale transactions in 2022, with a median price of RM 180K and a median price per square foot (PSF) of RM 328.

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 180K, with most transactions falling within a stable range of RM 120K to RM 362K, and a typical market range of RM 120K to RM 270K.

Most transactions involved low-cost flat, with moderate diversity in property types available.

Price per square foot shows a median of RM 328, though individual units vary from RM 208 to RM 448 in the core range. The broader market spans RM 286.00 to RM 370.00, indicating diverse property characteristics. A wider spread (IQR: RM 84.00) and deviation (MAD: RM 120) indicate significant PSF variations, likely due to diverse property types or conditions.

While the area has shown positive growth trends, price variations suggest a more dynamic market. This presents opportunities for investors comfortable with moderate volatility. Significant price variations suggest comparing multiple properties and timing the market carefully. Moderate transaction volume may require patience when buying or selling.

Area Location

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DESA PERMAI INDAH, Timur Laut, Penang

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Transactions

30 properties grouped by size

550 sqft
15 units (showing 6) Low-Cost Flat
RM 170,000
549 sqft · RM 310.00 PSF
Nov 2022
RM 150,000
549 sqft · RM 273.00 PSF
Sep 2022
RM 180,000
549 sqft · RM 328.00 PSF
Sep 2022
RM 150,000
549 sqft · RM 273.00 PSF
Aug 2022
RM 120,000
549 sqft · RM 219.00 PSF
Aug 2022
RM 160,000
549 sqft · RM 291.00 PSF
Aug 2022
600 sqft
1 units Low-Cost Flat
RM 160,000
581 sqft · RM 275.00 PSF
Jan 2022
900 sqft
6 units Condo/Apartment
RM 340,000
904 sqft · RM 376.00 PSF
Aug 2022
RM 305,000
904 sqft · RM 337.00 PSF
Aug 2022
RM 305,000
904 sqft · RM 337.00 PSF
Jun 2022
RM 338,000
904 sqft · RM 374.00 PSF
May 2022
RM 420,000
904 sqft · RM 465.00 PSF
May 2022
RM 381,000
904 sqft · RM 421.00 PSF
Apr 2022
950 sqft
7 units Condo/Apartment
RM 420,000
947 sqft · RM 443.00 PSF
Dec 2022
RM 345,000
947 sqft · RM 364.00 PSF
Dec 2022
RM 320,000
947 sqft · RM 338.00 PSF
Dec 2022
RM 380,000
947 sqft · RM 401.00 PSF
Nov 2022
RM 335,000
947 sqft · RM 354.00 PSF
Aug 2022
RM 330,000
947 sqft · RM 348.00 PSF
Mar 2022
RM 345,000
947 sqft · RM 364.00 PSF
Mar 2022
1,200 sqft
1 units Double Storey Shop
RM 1,100,000
LRG HELANG 2
1,195 sqft · RM 921.00 PSF
Aug 2022