Area Intelligence

DESA MARINA

1 properties
2024
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Median Price
RM 160,000
PSF: RM 323

Residential Market

Median Price

RM 160,000

IQR: RM 59
MAD: RM 31
RM 323 PSF 8.6%

PSF Trends (2021-2025)

DESA MARINA in Barat Daya, Penang recorded 1 subsale transactions in 2024, with a median price of RM 160K and a median price per square foot (PSF) of RM 323.

This area consists exclusively of residential properties, with no commercial listings recorded.

Price remained flat, and PSF growth was PSF remained flat.

Most transactions involved low-cost flat, with minimal variety in property types.

For price per square foot, the median is RM 323, with most transactions between RM 323 and RM 323. The usual range is RM 293.75 to RM 352.25, showing that most units are priced quite close to each other. With an IQR of RM 58.50 and MAD of RM 0, the PSF demonstrates reasonable consistency across the market.

Overall, the market in this area appears stable with consistent appreciation, making it an attractive option for both investors and homebuyers. The consistent property type and stable pricing make it easier to assess value and compare trends. Limited transaction history suggests carefully evaluating comparable sales data.

Area Location

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DESA MARINA, Barat Daya, Penang

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Transactions

1 properties grouped by size

500 sqft
1 units Low-Cost Flat
RM 160,000
495 sqft · RM 323.00 PSF
Oct 2024