PALM PALLADIUM

PALM PALLADIUM in Timur Laut, Penang recorded 3 subsale transactions in 2023, with a median price of RM 640K and a median price per square foot (PSF) of RM 558.

This area consists exclusively of residential properties, with no commercial listings recorded.

Price remained flat, and PSF growth was PSF remained flat. The median price is RM 640K, with most transactions falling within a stable range of RM 625K to RM 743K, and a typical market range of RM 625K to RM 708K.

Most transactions involved condominium/apartment, with minimal variety in property types.

The median PSF stands at RM 558, with core pricing between RM 492 and RM 624. Market pricing typically extends from RM 521.50 to RM 594.50, reflecting moderate variation in unit pricing. With an IQR of RM 73.00 and MAD of RM 66, 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. The consistent property type and stable pricing make it easier to assess value and compare trends. Limited transaction history suggests carefully evaluating comparable sales data.