DESA WANGSA
Residential Market
Median Price
RM 192,500
PSF Trends (2021-2025)
PROPERTY TYPES OVERVIEW
Double Storey Shop
4 properties
Median Price
RM 840,000
+18.2% CAGR
Median PSF
RM 600.00
+18.2% CAGR
3-Storey Storey Shop
1 properties
Median Price
RM 800,000
Median PSF
RM 572.00
Property Type | Properties | Median Price | Price CAGR | Median PSF | PSF CAGR | |
---|---|---|---|---|---|---|
Double Storey Shop | 4 |
RM 840,000
±70K MAD
|
+18.18% |
RM 600.00
±50 MAD
|
+18.18% | |
3-Storey Storey Shop | 1 |
RM 800,000
|
- |
RM 572.00
|
- |
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.
Filter by type, year, price, and size
Transactions
2 properties grouped by size
Road | Price | PSF | Size | Date | Type |
---|
RM 180,000
|
RM 322.00
|
560 sqft
|
Oct 2023
|
RM 205,000
|
RM 302.00
|
678 sqft
|
Nov 2023
|