Desa Palma, Pulau Tikus

Desa Palma is a freehold condominium that is located in Pulau Tikus, Georgetown. There are 25 units available at this condominium with built-up from 1,100 sf to 1,200 sf. Other neighbouring developments nearby are 25 Lebuhraya Scott, Berjaya Court, Cascadia, Danauria, Desa Pulau Tikus, Pierce Palace, Porta Mas, Sri Emas, The Cantonment and Villa Indah.

Property Type
Condominium
Land Tenure
Freehold
Built-up
1,100 sf - 1,200 sf
Market Price
RM790,000 - RM980,000
Total Units
25 Units
Completion Date
1996
Developer
-NA-
Launch Price
-NA-

This condominium has some amenities nearby, i.e. hospitals, universities and schools. The following are some of the main hospitals here:

As for universities, there are Adventist College Of Nursing & Health Sciences, Disted College, Ipg College Of Higher Education and MSU College Penang Annex C. There are also some schools here, for example SK Jalan Residensi, SM Sri Pelita and St Christopher's International School.

The current rental yield of Desa Palma is around 1.83%, compared to 1.83% 2 years ago in Q1 2019. The highest rental yield ever recorded was 2.06% in Q1 2015; while the lowest one was 1.2% in Q2 2021. Meanwhile, the most common unit layouts and sizes available here are as follows:

The most popular layout and size (built-up) combination at Desa Palma is 3-bedroom / 1,100 sf with a median price of RM720 psf. For price wise, the most expensive one is 3-bedroom / 1,200 sf with a median price of RM820 psf; while the cheapest one is 3-bedroom / 1,100 sf with a median price of RM720 psf.

Latest Desa Palma sale listings:

DateProperty TypeBuilt-upPrice
4 Mar 2024Condominium1,080 sfRM758,000
29 Jan 2024Condominium1,100 sfRM750,000
25 Jan 2024Condominium1,022 sfRM650,000
23 Oct 2023Condominium1,080 sfRM780,000
25 Jul 2023Condominium1,100 sfRM750,000
21 May 2023Condominium1,080 sfRM780,000
8 Nov 2022Condominium1,200 sfRM750,000
16 Oct 2022Condominium1,080 sfRM950,000
26 Jul 2022Condominium1,044 sfRM1,000,000
8 Feb 2022Condominium1,100 sfRM1,050,000

Latest Desa Palma rental listings:

DateProperty TypeBuilt-upRental
20 Dec 2023Condominium1,080 sfRM2,000
20 Nov 2023Condominium1,000 sfRM1,800
19 Nov 2023Condominium1,000 sfRM1,800
11 Oct 2023Low-Cost Flat1,100 sfRM1,800
4 Jan 2023Low-Cost Flat1,080 sfRM1,500
5 Dec 2022Low-Cost Flat1,000 sfRM1,700
2 Dec 2022Low-Cost Flat1,080 sfRM1,500
2 Jun 2022Apartment1,200 sfRM1,600
30 May 2022Condominium1,000 sfRM1,400
23 Apr 2022Condominium1,200 sfRM1,600
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