DESARIA (SRI MERPATI)

DESARIA (SRI MERPATI) in Barat Daya, Penang recorded 11 subsale transactions in 2022, with a median price of RM 170K and a median price per square foot (PSF) of RM 306.

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 170K, with most transactions falling within a stable range of RM 140K to RM 200K, and a typical market range of RM 138K to RM 203K.

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

The median PSF stands at RM 306, with core pricing between RM 266 and RM 346. Market pricing typically extends from RM 268.25 to RM 343.75, reflecting moderate variation in unit pricing. With an IQR of RM 75.50 and MAD of RM 40, 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.