Desa Permai Indah

11700 Gelugor, Pulau Pinang, Malaysia

Property Transactions

12 subsales grouped by size

Price Size
Period
transactions middle 50% (P25–P75)
550 sqft
LC Flat
RM160,000
Level 4
549 sqft · RM291 PSF
RM130,000
Level 1
549 sqft · RM237 PSF
RM118,000
Level 3
549 sqft · RM215 PSF
RM155,000
Level 3
549 sqft · RM282 PSF
RM120,000
Level 4
549 sqft · RM219 PSF
RM143,000
Level G
549 sqft · RM260 PSF
+5 more
950 sqft
Condo
RM370,000
Level 12
947 sqft · RM391 PSF
Legend Recent Highest Price Highest PSF

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Market Snapshot

Residential

RM149,000

RM271 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 12 subsale transactions in 2021, with a median price of RM149K and a median price per square foot (PSF) of RM271.

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 RM149K, with most transactions falling within a stable range of RM118K to RM214K, and a typical market range of RM118K to RM238K.

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

The median PSF stands at RM271, with core pricing between RM225 and RM318. Market pricing typically extends from RM231.55 to RM311.30, reflecting moderate variation in unit pricing. The spread of RM79.75 (IQR) and deviation of RM46 (MAD) suggest moderate price variations reflecting different property features.

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.