Penang
Barat Daya
11
DESA PANTAI INDAH

DESA PANTAI INDAH

Area Intelligence

2024

Median Price

RM 790,000

PSF: RM 565

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Residential PSF Trends

Median Price

RM 790,000

PSF: RM 565

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 565.

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.

For price per square foot, the median is RM 565, with most transactions between RM 536 and RM 593. The usual range is RM 504.50 to RM 624.50, showing that most units are priced quite close to each other. With an IQR of RM 120.00 and MAD of RM 29, the PSF demonstrates reasonable consistency across the market.

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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