DESA PERMATA

DESA PERMATA in Timur Laut, Penang recorded 25 subsale transactions in 2023, with a median price of RM 280K 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 280K, with most transactions falling within a stable range of RM 220K to RM 538K, and a typical market range of RM 260K to RM 300K.

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

Price per square foot shows a median of RM 400, though individual units vary from RM 254 to RM 546 in the core range. The broader market spans RM 372.00 to RM 428.00, indicating diverse property characteristics. A wider spread (IQR: RM 56.00) and deviation (MAD: RM 146) 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.