Area Intelligence

DESA WANGSA

3 properties
2024
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Median Price
RM 230,000
PSF: RM 339

Residential Market

Median Price

RM 230,000

IQR: RM 28
MAD: RM 15
RM 339 PSF 6.6%

PSF Trends (2021-2025)

PROPERTY TYPES OVERVIEW

DESA WANGSA in Barat Daya, Penang recorded 3 subsale transactions in 2024, with a median price of RM 230K and a median price per square foot (PSF) of RM 339.

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 230K, with most transactions falling within a stable range of RM 212K to RM 248K, and a typical market range of RM 216K to RM 244K.

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

For price per square foot, the median is RM 339, with most transactions between RM 312 and RM 366. The usual range is RM 325.25 to RM 352.75, 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 27 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

3 properties grouped by size

700 sqft
3 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