BandingHouse

Desa Permata

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

Homes in Desa Permata have sold for a median of

RM272,000

RM395 psf on the recorded floor area

RM250,000median RM272,000RM297,000

Half of the 77 recorded sales fell between RM250,000 and RM297,000. One in ten went under RM240,000, one in ten over RM317,000. Sales run from 2 November 2021 to 3 February 2026.

Down 1% from a RM277,500 median in 2022 to RM276,000 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 Freehold 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
2021RM275,000RM396 psf4
2022RM277,500RM403 psf14
2023RM274,500RM396 psf24
2024RM260,000RM377 psf18
2025RM276,000RM401 psf16
2026RM295,000RM428 psf1

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 Permata sits 43 of 154 in that set.

36 cheaper schemes above

105 dearer schemes below

Against Penang

Across Penang, the median recorded sale for high-rise (condo, apartment, flat) is RM300,000 (RM391 psf), from 5,184 sales. Desa Permata’s own median is RM272,000 — lower than that state median. Full Penang table.

Cash and monthly on the RM272,000 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%): RM27,200
  • Transfer duty (MOT): RM4,440
  • Loan duty (0.5%): RM1,224
  • Total cash: RM32,864
  • Qualifying first home: RM27,200 (duties exempt)

Monthly carry

  • Instalment (35y @ 4.00%): RM1,084
  • Total monthly: RM1,084

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 Permata sold for?
A median of RM272,000 (RM395 psf), from 77 land-office transactions between 2 November 2021 and 3 February 2026.
What is a typical band here?
Half of recorded sales fell between RM250,000 and RM297,000. One in ten went under RM240,000; one in ten over RM317,000.
Has the median moved?
From RM277,500 in 2022 to RM276,000 in 2025 (-1%), 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.