Area Intelligence

DESA PERMATA

4 properties
2021
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Median Price
RM 275,000
PSF: RM 396

Residential Market

Median Price

RM 275,000

IQR: RM 51
MAD: RM 27
RM 396 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 4 subsale transactions in 2021, with a median price of RM 275K and a median price per square foot (PSF) of RM 396.

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 275K, with most transactions falling within a stable range of RM 256K to RM 280K, and a typical market range of RM 255K to RM 280K.

Most transactions involved flats, with minimal variety in property types.

For price per square foot, the median is RM 396, with most transactions between RM 366 and RM 426. The usual range is RM 368.00 to RM 424.00, showing that most units are priced quite close to each other. With an IQR of RM 56.00 and MAD of RM 30, the PSF demonstrates reasonable consistency across the market.

Overall, the market in this area appears stable with consistent appreciation, making it an attractive option for both investors and homebuyers. Moderate price stability provides a balanced market for both buyers and sellers. Limited transaction history suggests carefully evaluating comparable sales data.

Area Location

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DESA PERMATA, Timur Laut, Penang

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Transactions

4 properties grouped by size

700 sqft
4 units Flat
RM 280,000
689 sqft · RM 406.00 PSF
Dec 2021
RM 280,000
689 sqft · RM 406.00 PSF
Dec 2021
RM 233,000
700 sqft · RM 333.00 PSF
Nov 2021
RM 270,000
700 sqft · RM 386.00 PSF
Nov 2021