Area Intelligence

DESA WANGSA

2 properties
2023
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Median Price
RM 192,500
PSF: RM 312

Residential Market

Median Price

RM 192,500

IQR: RM 28
MAD: RM 15
RM 312 PSF 6.6%

PSF Trends (2021-2025)

PROPERTY TYPES OVERVIEW

DESA WANGSA in Barat Daya, Penang recorded 2 subsale transactions in 2023, with a median price of RM 193K 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 193K, with most transactions falling within a stable range of RM 180K to RM 205K, and a typical market range of RM 180K to RM 205K.

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 302 and RM 322. 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 10 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

550 sqft
1 units Low-Cost Flat
RM 180,000
560 sqft · RM 322.00 PSF
Oct 2023
700 sqft
1 units Flat
RM 205,000
678 sqft · RM 302.00 PSF
Nov 2023