Area Intelligence

DESA WANGSA

2 properties
2021
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Median Price
RM 190,000
PSF: RM 280

Residential Market

Median Price

RM 190,000

IQR: RM 28
MAD: RM 15
RM 280 PSF 6.6%

PSF Trends (2021-2025)

PROPERTY TYPES OVERVIEW

DESA WANGSA in Barat Daya, Penang recorded 2 subsale transactions in 2021, with a median price of RM 190K and a median price per square foot (PSF) of RM 280.

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 190K, with most transactions falling within a stable range of RM 180K to RM 200K, and a typical market range of RM 180K to RM 200K.

Most transactions involved flats, though some variety exists in the market.

For price per square foot, the median is RM 280, with most transactions between RM 265 and RM 295. The usual range is RM 266.25 to RM 293.75, 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.

Area Location

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DESA WANGSA, Barat Daya, Penang

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Transactions

2 properties grouped by size

700 sqft
2 units Flat
RM 200,000
678 sqft · RM 295.00 PSF
Nov 2021
RM 180,000
678 sqft · RM 265.00 PSF
Apr 2021