DESA WANGSA Property Investment Analysis
PROPERTY TYPES OVERVIEW
2 - 2 1/2 Storey Shop
4 properties
Median Price
RM 840,000
+18.2% CAGR
Median PSF
RM 600.00
+18.2% CAGR
3 - 3 1/2 Storey Shop
1 properties
Median Price
RM 800,000
Median PSF
RM 572.00
Property Type | Properties | Transactions | Median Price | Price CAGR | Median PSF | PSF CAGR | |
---|---|---|---|---|---|---|---|
2 - 2 1/2 Storey Shop | 4 | 3,498,000 |
RM 840,000
±70K MAD
|
+18.18% |
RM 600.00
±50 MAD
|
+18.18% | |
3 - 3 1/2 Storey Shop | 1 | 800,000 |
RM 800,000
|
- |
RM 572.00
|
- |
DESA WANGSA in Barat Daya, Penang recorded 8 subsale transactions between 2021 and 2025, with a median price of RM 205K and a median price per square foot (PSF) of RM 312.
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 205K, with most transactions falling within a stable range of RM 185K to RM 225K, and a typical market range of RM 191K to RM 219K.
Most transactions involved flats, though some variety exists in the market.
For price per square foot, the median is RM 312, with most transactions between RM 298 and RM 327. The usual range is RM 298.25 to RM 325.75, showing that most units are priced quite close to each other. A typical spread (IQR) of RM 27.50 and an average deviation (MAD) of RM 15 indicate a highly stable PSF trend across properties.
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.
ADVANCED FILTERS
TRANSACTIONS
Type
|
Road
|
Price
|
PSF
|
Area
|
Date
|
---|---|---|---|---|---|
Flat |
|
RM 230,000
|
RM 339.00
|
678 sqft
|
Sep 2024
|
Flat |
|
RM 205,000
|
RM 302.00
|
678 sqft
|
May 2024
|
Flat |
|
RM 250,000
|
RM 369.00
|
678 sqft
|
Jan 2024
|
Flat |
|
RM 205,000
|
RM 302.00
|
678 sqft
|
Nov 2023
|
Low-Cost Flat |
|
RM 180,000
|
RM 322.00
|
560 sqft
|
Oct 2023
|
Flat |
|
RM 220,000
|
RM 324.00
|
678 sqft
|
Jul 2022
|
Flat |
|
RM 200,000
|
RM 295.00
|
678 sqft
|
Nov 2021
|
Flat |
|
RM 180,000
|
RM 265.00
|
678 sqft
|
Apr 2021
|