Area Intelligence

DESA PILIHAN

2 properties
2023
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Median Price
RM 155,000
PSF: RM 301

Residential Market

Median Price

RM 155,000

IQR: RM 36
MAD: RM 36
RM 301 PSF

PSF Trends (2021-2025)

Commercial Market

Median Price

RM 500,000

RM 540 PSF

PSF Trends (2021-2025)

DESA PILIHAN in Barat Daya, Penang recorded 2 subsale transactions in 2023, with a median price of RM 155K and a median price per square foot (PSF) of RM 301.

This area contains both residential and commercial properties. View 2 residential properties or 1 commercial properties separately for more focused analysis.

Price remained flat, and PSF growth was PSF remained flat. The median price is RM 155K, with most transactions falling within a stable range of RM 140K to RM 170K, and a typical market range of RM 140K to RM 170K.

Most transactions involved low-cost flat, though some variety exists in the market.

The median PSF stands at RM 301, with core pricing between RM 265 and RM 336. Market pricing typically extends from RM 231.75 to RM 369.25, reflecting moderate variation in unit pricing. With an IQR of RM 137.50 and MAD of RM 36, 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.

Area Location

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DESA PILIHAN, Barat Daya, Penang

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Transactions

2 properties found

Low-Cost Flat
RM 140,000
527 sqft Sep 2023
RM 265.00 PSF
Low-Cost Flat
RM 170,000
506 sqft Apr 2023
RM 336.00 PSF