BandingHouse

Desa Permai Indah

Timur Laut, Penang · High-rise (condo, apartment, flat) · Leasehold

Homes in Desa Permai Indah have sold for a median of

RM188,000

RM328 psf on the recorded floor area

RM160,000median RM188,000RM335,000

Half of the 122 recorded sales fell between RM160,000 and RM335,000. One in ten went under RM138,200, one in ten over RM380,000. Sales run from 3 May 2021 to 19 October 2025.

Up 48% from a RM149,000 median in 2021 to RM220,000 in 2025.

These are transacted prices from the land-office record, not asking prices from ads. An ad’s number is a wish; this is the record. What high-rise (condo, apartment, flat) sell for across Penang, beside what ads ask.

How to read this page

The median is the middle sale when every recorded sale here is lined up cheapest to dearest — half sold for less, half for more. The band (p25–p75) is the middle half of those sales. Neither figure is an asking price from an ad, and neither is a valuation of a specific unit. Asking vs transacted.

What kind of home, and what title

The land office groups these sales as high-rise (condo, apartment, flat) under a Leasehold title. High-rise parcels are usually strata: you own the parcel plus a share of the common parts, and price per square foot is how buyers compare units of different sizes. Monthly charges and the sinking fund sit on top of the purchase price — see maintenance fee and sinking fund.

Year by year

YearMedian soldPer sq ftSales
2021RM149,000RM271 psf12
2022RM180,000RM328 psf29
2023RM183,000RM328 psf38
2024RM200,000RM360 psf32
2025RM220,000RM364 psf11

A year with only a handful of sales is a handful of sales, not a trend — the movement above is drawn only between years with five or more.

Nearby, and where this one sits

Other high-rise (condo, apartment, flat) schemes in Timur Laut with enough recorded sales, cheapest first. By median sold price, Desa Permai Indah sits 23 of 154 in that set.

Against Penang

Across Penang, the median recorded sale for high-rise (condo, apartment, flat) is RM300,000 (RM391 psf), from 5,184 sales. Desa Permai Indah’s own median is RM188,000 — lower than that state median. Full Penang table.

Cash and monthly on the RM188,000 median

Same worksheet as /cost/, using this scheme’s recorded median, 90% LTV, and the illustrative rate. Not a bank quote.

Cash at offer

  • Down payment (10%): RM18,800
  • Transfer duty (MOT): RM2,760
  • Loan duty (0.5%): RM846
  • Total cash: RM22,406
  • Qualifying first home: RM18,800 (duties exempt)

Monthly carry

  • Instalment (35y @ 4.00%): RM749
  • Total monthly: RM749

4.00% p.a. illustrative (rough SBR + bank margin); not a bank quote

Adjust these numbers

Questions this record answers

What have homes in Desa Permai Indah sold for?
A median of RM188,000 (RM328 psf), from 122 land-office transactions between 3 May 2021 and 19 October 2025.
What is a typical band here?
Half of recorded sales fell between RM160,000 and RM335,000. One in ten went under RM138,200; one in ten over RM380,000.
Has the median moved?
From RM149,000 in 2021 to RM220,000 in 2025 (+48%), using only years with five or more sales.

Read next

From NAPIC’s open transaction data (Jabatan Penilaian dan Perkhidmatan Harta), extract published 19 May 2026. A scheme appears only with at least 20recorded sales. Scheme names are the land office’s own. How we work this out.