Desa Permai Indah

11700 Gelugor, Pulau Pinang, Malaysia

Property Transactions

2 subsales found

Price Size
Period
transactions middle 50% (P25–P75)
RM170,000
Level 5
667 sqft RM255 PSF
RM150,000
Level 4
667 sqft RM225 PSF
Legend Recent Highest Price Highest PSF

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Market Snapshot

Residential

RM160,000

RM240 psf

Median transaction price

Desa Permai Indah
© OpenStreetMap · CARTO

Desa Permai Indah, 11700 Gelugor, Pulau Pinang, Malaysia

Maps

Desa Permai Indah in Timur Laut, Penang recorded 2 subsale transactions between 2021 and 2026, sized between 625 and 674 sqft, with a median price of RM160K and a median price per square foot (PSF) of RM240.

This area contains both residential and commercial properties. View 122 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 RM160K, with most transactions falling within a stable range of RM150K to RM170K, and a typical market range of RM150K to RM170K.

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

For price per square foot, the median is RM240, with most transactions between RM225 and RM255. The usual range is RM199.88 to RM279.63, showing that most units are priced quite close to each other. With an IQR of RM79.75 and MAD of RM15, 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. Significant price variations suggest comparing multiple properties and timing the market carefully. Limited transaction history suggests carefully evaluating comparable sales data.