DESARIA (SRI MERPATI)

DESARIA (SRI MERPATI) in Barat Daya, Penang recorded 11 subsale transactions in 2024, with a median price of RM 190K and a median price per square foot (PSF) of RM 376.

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 157K to RM 223K, and a typical market range of RM 155K to RM 225K.

Most transactions involved low-cost flat, with minimal variety in property types.

The median PSF stands at RM 376, with core pricing between RM 332 and RM 420. Market pricing typically extends from RM 337.00 to RM 415.00, reflecting moderate variation in unit pricing. With an IQR of RM 78.00 and MAD of RM 44, 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. Moderate price stability provides a balanced market for both buyers and sellers. Limited transaction history suggests carefully evaluating comparable sales data.