Penang
Barat Daya
11
DESA PANTAI INDAH

DESA PANTAI INDAH

Area Intelligence

2021

Median Price

RM 148,000

PSF: RM 299

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Residential PSF Trends

Median Price

RM 148,000

PSF: RM 299

DESA PANTAI INDAH in Barat Daya, Penang recorded 1 subsale transactions in 2021, with a median price of RM 148K and a median price per square foot (PSF) of RM 299.

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 148K, with most transactions falling within a stable range of RM -122,000 to RM 418K, and a typical market range of RM -193,000 to RM 489K.

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 299, though individual units vary from RM 235 to RM 363 in the core range. The broader market spans RM 239.00 to RM 359.00, indicating diverse property characteristics. The spread of RM 120.00 (IQR) and deviation of RM 64 (MAD) suggest moderate price variations reflecting different property features.

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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