Area Intelligence

PANGSAPURI PALM COURT 2

4 properties
2024
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Median Price
RM 242,500
PSF: RM 370

Residential Market

Median Price

RM 242,500

IQR: RM 149
MAD: RM 45
RM 370 PSF 5.7%

PSF Trends (2021-2025)

Commercial Market

Median Price

RM 120,000

RM 465 PSF

PSF Trends (2021-2025)

PROPERTY TYPES OVERVIEW

PANGSAPURI PALM COURT 2 in Timur Laut, Penang recorded 4 subsale transactions in 2024, with a median price of RM 243K and a median price per square foot (PSF) of RM 370.

This area contains both residential and commercial properties. View 45 residential properties or 1 commercial properties separately for more focused analysis.

Price remained flat, and PSF growth was PSF remained flat. The median price is RM 243K, with most transactions falling within a stable range of RM 240K to RM 302K, and a typical market range of RM 240K to RM 291K.

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

Price per square foot shows a median of RM 370, though individual units vary from RM 278 to RM 461 in the core range. The broader market spans RM 295.63 to RM 443.38, indicating diverse property characteristics. The spread of RM 147.75 (IQR) and deviation of RM 91 (MAD) suggest moderate price variations reflecting different property features.

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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PANGSAPURI PALM COURT 2, Timur Laut, Penang

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Transactions

4 properties grouped by size

650 sqft
4 units Flat
RM 245,000
657 sqft · RM 373.00 PSF
Sep 2024
RM 240,000
657 sqft · RM 366.00 PSF
Jun 2024
RM 240,000
657 sqft · RM 366.00 PSF
Apr 2024
RM 380,000
657 sqft · RM 579.00 PSF
Feb 2024