DESA BAYAN

DESA BAYAN in Barat Daya, Penang recorded 12 subsale transactions in 2024, with a median price of RM 350K and a median price per square foot (PSF) of RM 493.

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 350K, with most transactions falling within a stable range of RM 322K to RM 378K, and a typical market range of RM 325K to RM 375K.

Most transactions involved flats, with minimal variety in property types.

For price per square foot, the median is RM 493, with most transactions between RM 454 and RM 532. The usual range is RM 457.50 to RM 528.50, showing that most units are priced quite close to each other. With an IQR of RM 71.00 and MAD of RM 39, the PSF demonstrates reasonable consistency across the market.

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.