Area Intelligence

DESA PERMATA

62 properties
Flat
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Median Price
RM 277,000
PSF: RM 400

Residential Market

Median Price

RM 277,000

IQR: RM 51
MAD: RM 27
RM 400 PSF 1.6%

PSF Trends (2021-2025)

Commercial Market

Median Price

RM 370,000

IQR: RM 451
MAD: RM 69
RM 223 PSF 45.9%

PSF Trends (2021-2025)

PROPERTY TYPES OVERVIEW

DESA PERMATA in Timur Laut, Penang recorded 62 Flat properties subsale transactions between 2021 and 2025 for flat properties, with a median price of RM 277K and a median price per square foot (PSF) of RM 400.

This area contains both residential and commercial properties. View 62 residential properties or 5 commercial properties separately for more focused analysis.

Price remained flat, and PSF growth was PSF remained flat. The median price is RM 277K, with most transactions falling within a stable range of RM 246K to RM 308K, and a typical market range of RM 257K to RM 297K.

Within the Flat category, flats dominated the market, with minimal variety in property types.

The median PSF stands at RM 400, with core pricing between RM 355 and RM 444. Market pricing typically extends from RM 371.50 to RM 427.50, reflecting moderate variation in unit pricing. With an IQR of RM 56.00 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. Moderate transaction volume may require patience when buying or selling.

Area Location

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DESA PERMATA, Timur Laut, Penang

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Transactions

62 properties grouped by size

700 sqft
62 units (showing 6) Flat
RM 360,000
689 sqft · RM 523.00 PSF
Feb 2025
RM 290,000
689 sqft · RM 421.00 PSF
Feb 2025
RM 280,000
689 sqft · RM 406.00 PSF
Feb 2025
RM 300,000
700 sqft · RM 429.00 PSF
Jan 2025
RM 270,000
689 sqft · RM 392.00 PSF
Dec 2024
RM 240,000
689 sqft · RM 348.00 PSF
Oct 2024