PropMedian Data Research

PANGSAPURI PERKHIDMATAN PALMA Transaction Price & PSF

PANGSAPURI PERKHIDMATAN PALMA Serviced Apartment Residential Property Market | residential | Data through January 2026

Transactions
124
Property types
1
Data period
January 2021 - January 2026

This targeted market snapshot examines the residential market within the PANGSAPURI PERKHIDMATAN PALMA scheme in Pulau Pinang, with a focus on Serviced Apartment activity and how buyers should interpret the available scheme data.

Market overview

The market profile points to a concentrated focus in Seberang Perai Selatan, where the Serviced Apartment category sits as the leading property type within the residential segment for this scheme. The dataset also indicates variable activity levels across the observed years, reflecting fluctuations in transaction activity within the overall market mix.

Property type benchmarks

The figures below are calculated from transaction records in the PropMedian database. Median PSF is shown only where sufficient parcel area data is available.

Serviced Apartment

Transactions
124
Median price
RM412,000
Median parcel area
829 sqft
Median parcel PSF
RM430.73 psf
Parcel PSF coverage
34.7%

In the residential segment for this scheme, Serviced Apartment transactions are the primary focus in the data. The category is shown as the leading property type in the available dataset, indicating where activity concentrates within PANGSAPURI PERKHIDMATAN PALMA.

How to interpret this market

Transaction benchmarks provide a framework for assessing market activity and price signals, while recognizing that an individual property may differ in size, location within the scheme, or condition. Readers should use benchmarks as a reference point rather than a guaranteed outcome.

Explore the underlying market

View the PropMedian property-data hub for this district to explore available property types and transaction benchmarks.

View Seberang Perai Selatan property data

Frequently asked questions

What property type dominates the residential segment within this scheme?

Serviced Apartment appears as the leading property type in the dataset for PANGSAPURI PERKHIDMATAN PALMA within the residential segment.

How should I interpret the scheme's activity over time?

The dataset shows activity across multiple years with varying levels, indicating that buyer and seller engagement has not been constant.

How can I compare this scheme with other schemes?

Compare by property category, keeping residential Serviced Apartment data separate from other property types to maintain valid comparisons.

Summary

Readers should compare property types separately and use transaction benchmarks cautiously, avoiding projections or claims about future performance.

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Methodology

Median transaction price for the selected market scope.

Parcel PSF is the median of valid transaction-level parcel PSF values, not median price divided by median area.

Unavailable measurements are not estimated or inferred.

Parcel PSF is displayed when there are at least 10 valid PSF observations and coverage is at least 25%.

PANGSAPURI PERKHIDMATAN PALMA Price & PSF | PropMedian