Penang
Barat Daya
11
DESA PANTAI INDAH

DESA PANTAI INDAH

Area Intelligence

2024

Median Price

RM 790,000

PSF: RM 425

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Residential PSF Trends

Median Price

RM 790,000

PSF: RM 425

DESA PANTAI INDAH in Barat Daya, Penang recorded 2 subsale transactions in 2024, with a median price of RM 790K and a median price per square foot (PSF) of RM 425.

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

Price remained flat, and PSF growth was PSF remained flat. The median price is RM 790K, with most transactions falling within a stable range of RM 750K to RM 830K, and a typical market range of RM 750K to RM 830K.

Most transactions involved 2 - 2 1/2 storey terraced, with moderate diversity in property types available.

Price per square foot shows a median of RM 425, though individual units vary from RM 314 to RM 535 in the core range. The broader market spans RM 364.67 to RM 484.67, indicating diverse property characteristics. A wider spread (IQR: RM 120.00) and deviation (MAD: RM 111) indicate significant PSF variations, likely due to diverse property types or conditions.

While the area has shown positive growth trends, price variations suggest a more dynamic market. This presents opportunities for investors comfortable with moderate volatility. Significant price variations suggest comparing multiple properties and timing the market carefully. Limited transaction history suggests carefully evaluating comparable sales data.

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DESA PANTAI INDAH, Barat Daya, Penang

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