Penang Village

George Town, Penang, Malaysia

Property Transactions

6 subsales grouped by size · 2-Sty Terrace →

Period
transactions middle 50% (P25–P75)
1,400 sqft
2-Sty Terrace
RM560,000
Lorong Desa Pinang 2
1,399 sqft · RM400 PSF
RM500,000
Lorong Desa Penang 2
1,399 sqft · RM357 PSF
RM640,000
Lorong Desa Pinang 4
1,873 sqft · RM342 PSF
RM620,000
Lorong Desa Penang 2
1,873 sqft · RM331 PSF
RM680,000
Lorong Puncak Pinang 1
1,828 sqft · RM372 PSF
2,650 sqft
Semi-D
RM760,000
Off Jalan Sungai Rusa
2,659 sqft · RM286 PSF
Legend Recent Highest Price Highest PSF

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George Town, Penang, Malaysia

Maps

Penang Village in Barat Daya, Penang recorded 6 subsale transactions between 2021 and 2026, with a median price of RM630K and a median price per square foot (PSF) of RM357.

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 RM630K, with most transactions falling within a stable range of RM570K to RM690K, and a typical market range of RM583K to RM678K.

Most transactions involved 2 - 2 1/2 storey terraced, with moderate diversity in property types available.

For price per square foot, the median is RM357, with most transactions between RM329 and RM385. The usual range is RM334.45 to RM380.20, showing that most units are priced quite close to each other. A typical spread (IQR) of RM45.75 and an average deviation (MAD) of RM28 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. Despite diverse property types, prices remain relatively stable, offering options for different buyer preferences. Limited transaction history suggests carefully evaluating comparable sales data.