Sale Price *

Average

RM 323 psf

Range

RM 292 - 344 psf

Rental Price **

Average

N/A

Range

N/A

Rental Yield **

4.54%

Rental income expressed as a percentage of the property's value.

Sale Price *

Average

RM 323 psf

Range

RM 292 - 344 psf

Rental Price **

N/A

Range

N/A

Rental Yield **

4.54%

Rental income expressed as a percentage of the property's value.

Pangsapuri Palma Laguna, Seberang Perai Insights

Developer	:Landmark Strategy Sdn Bhd (subsidiary of Island Landcap Properties Group)
Architect	:
Main Contractor	:
Land Size (sqm)	:
GFA (sqm)	:
Plot Ratio (Incl. Bonus)	:
Project Name	:Pangsapuri Palma Laguna
Street Name	:Jalan Baru, Kampung Jawa, Perai, 13600, Penang
Postal Code	:13700
Property Type	:Condominium/Apartment
Tenure	:
District/Planning Area	:Seberang Perai
Completion	:N/A
Number of Landed Units	:0 units
Number of Non Landed Units	:350 units
Sold Price Range/Average*	:RM 292 psf - RM 344 psf / RM 323 psf
Leased Rental Range/Average**	:
Implied rental yield**	:4.54%
Historical High	:RM 255 psf in Feb 2023 for a 1,960-sqft unit
Indicative Average Price from Historical High	:%
Historical Low	:RM 173 psf in Nov 2014 for a 721-sqft unit
Buyer Profile by Residential Status	:
Buyer Profile by Purchaser Address	:

*Based on transactions in the last 48 months.

**Based on asking rental data in the last 12 months. May not be representative.

Amenities

24-hour Security

Car Park

Sauna

Swimming Pool

Fitness Centre

Banquet Hall

Nursery

Others

About This Project

Palma Laguna is a freehold non-landed project situated in the neighbourhood of Seberang Perai in Pulau Pinang. It is surrounded by several developments such as Pinang Laguna, Idaman Apartment, and Taman Pauh Jaya. Pinang Laguna was developed by Landmark Strategy Sdn Bhd (subsidiary of Island Landcap Properties Group). There are one blocks of 32-storey buildings with a total of 350 units. The built-up space is ranging from 936 sq. ft. to 1,098 sq. ft. Amenities available at this condominium includes 24-hour security, car park, water park, gymnasiums, sauna, BBQ pit, cafe, multi-purpose hall, and kindergarten. It also located nearby UITM Pulau Pinang, SMK Tun Hussein Onn, SK Taman Indrawasih, SMK Taman Indrawasih, SMK Pauh Jaya, Politeknik Seberang Perai, Mydin Mall and Aeon Big Seberang Jaya. This project is accessible via several major roads, namely Jalan Baru, Butterworth Kulim Expressway (BKE), Jalan Permatang Pauh, and North South Expressway.

Sales Transaction of Pangsapuri Palma Laguna

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Price Comparison with Nearby Properties (UP to 50)

Note: Excludes properties with no transactions in the past 4 years. *Prices and rentals are based on data in the past 4 years.

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Price Comparison with Nearby Properties

(Properties Within 1km)

Note: Excludes properties with no transactions in the past 4 years. *Prices and rentals are based on data in the past 4 years.

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