Desa Permata

Farlim, 11500 Air Itam, Penang, Malaysia

Property Transactions

25 subsales grouped by size

Median
RM280,000
PSF
RM400
Price Size
Period
transactions middle 50% (P25–P75)
700 sqft
Flat
RM257,000
Level 3
689 sqft · RM373 PSF
RM279,000
Level 7
689 sqft · RM405 PSF
RM290,000
Level 3
689 sqft · RM421 PSF
RM300,000
Level 7
689 sqft · RM435 PSF
RM285,000
Level 8
700 sqft · RM407 PSF
RM265,000
Level 8
689 sqft · RM385 PSF
+17 more
1,450 sqft
Shop
RM1,590,000
Level 1
1,475 sqft · RM1,078 PSF
1,650 sqft
Shop
RM320,000
Level 2
1,658 sqft · RM193 PSF
Legend Recent Highest Price Highest PSF

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Market Snapshot

Residential

RM279,000

RM400 psf

Median transaction price

Desa Permata
© OpenStreetMap · CARTO

Desa Permata, Farlim, 11500 Air Itam, Penang, Malaysia

Maps

Desa Permata in Timur Laut, Penang recorded 25 subsale transactions in 2023, with a median price of RM280K and a median price per square foot (PSF) of RM400.

This area contains both residential and commercial properties. View 75 residential properties or 6 commercial properties separately for more focused analysis.

Price remained flat, and PSF growth was PSF remained flat. The median price is RM280K, with most transactions falling within a stable range of RM220K to RM538K, and a typical market range of RM258K to RM303K.

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

Price per square foot shows a median of RM400, though individual units vary from RM254 to RM546 in the core range. The broader market spans RM367.20 to RM433.20, indicating diverse property characteristics. A wider spread (IQR: RM66.00) and deviation (MAD: RM146) 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.