Desa Permai Indah

11700 Gelugor, Pulau Pinang, Malaysia

Property Transactions

30 subsales grouped by size

Price Size
Period
transactions middle 50% (P25–P75)
550 sqft
LC Flat
RM170,000
Level 4
549 sqft · RM310 PSF
RM150,000
Level 1
549 sqft · RM273 PSF
RM180,000
Level 1
549 sqft · RM328 PSF
RM150,000
Level 2
549 sqft · RM273 PSF
RM120,000
Level 4
549 sqft · RM219 PSF
RM160,000
Level 5
549 sqft · RM291 PSF
+9 more
600 sqft
LC Flat
RM160,000
Level 1
581 sqft · RM275 PSF
900 sqft
Condo
RM340,000
Level 5
904 sqft · RM376 PSF
RM305,000
Level 6
904 sqft · RM337 PSF
RM305,000
Level 7
904 sqft · RM337 PSF
RM338,000
Level 6
904 sqft · RM374 PSF
RM420,000
Level 9
904 sqft · RM465 PSF
RM381,000
Level 6
904 sqft · RM421 PSF
950 sqft
Condo
RM420,000
Level 3
947 sqft · RM443 PSF
RM345,000
Level 8
947 sqft · RM364 PSF
RM320,000
Level 9
947 sqft · RM338 PSF
RM380,000
Level 4
947 sqft · RM401 PSF
RM335,000
Level 3
947 sqft · RM354 PSF
RM330,000
Level 7
947 sqft · RM348 PSF
RM345,000
Level 8
947 sqft · RM364 PSF
2,250 sqft
2-Sty Shop
RM1,100,000
Lorong Helang 2
2,239 sqft · RM491 PSF
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Market Snapshot

Residential

RM180,000

RM328 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 30 subsale transactions in 2022, with a median price of RM180K and a median price per square foot (PSF) of RM328.

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 RM180K, with most transactions falling within a stable range of RM120K to RM362K, and a typical market range of RM120K to RM269K.

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

The median PSF stands at RM328, with core pricing between RM266 and RM390. Market pricing typically extends from RM288.02 to RM367.77, reflecting moderate variation in unit pricing. The spread of RM79.75 (IQR) and deviation of RM62 (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. Moderate transaction volume may require patience when buying or selling.