DESARIA (SRI MERPATI) in Barat Daya, Penang recorded 4 subsale transactions in 2021, with a median price of RM 235K 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 235K, with most transactions falling within a stable range of RM 222K to RM 248K, and a typical market range of RM 220K to RM 255K.
Most transactions involved low-cost flat, with minimal variety in property types.
For price per square foot, the median is RM 376, with most transactions between RM 355 and RM 397. The usual range is RM 338.25 to RM 413.75, showing that most units are priced quite close to each other. With an IQR of RM 75.50 and MAD of RM 21, 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. 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.
