Area Intelligence

DESA WANGSA

7 properties
Flat
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Median Price
RM 205,000
PSF: RM 302

Residential Market

Median Price

RM 205,000

IQR: RM 28
MAD: RM 15
RM 302 PSF 6.6%

PSF Trends (2021-2025)

PROPERTY TYPES OVERVIEW

DESA WANGSA in Barat Daya, Penang recorded 7 Flat properties subsale transactions between 2021 and 2025 for flat properties, with a median price of RM 205K and a median price per square foot (PSF) of RM 302.

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 184K to RM 226K, and a typical market range of RM 191K to RM 219K.

Within the Flat category, flats dominated the market, though some variety exists in the market.

The median PSF stands at RM 302, with core pricing between RM 271 and RM 333. Market pricing typically extends from RM 288.25 to RM 315.75, reflecting moderate variation in unit pricing. With an IQR of RM 27.50 and MAD of RM 31, 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.

Area Location

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DESA WANGSA, Barat Daya, Penang

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Transactions

7 properties grouped by size

700 sqft
7 units Flat
RM 230,000
678 sqft · RM 339.00 PSF
Sep 2024
RM 205,000
678 sqft · RM 302.00 PSF
May 2024
RM 250,000
678 sqft · RM 369.00 PSF
Jan 2024
RM 205,000
678 sqft · RM 302.00 PSF
Nov 2023
RM 220,000
678 sqft · RM 324.00 PSF
Jul 2022
RM 200,000
678 sqft · RM 295.00 PSF
Nov 2021
RM 180,000
678 sqft · RM 265.00 PSF
Apr 2021