Area Intelligence

PENANG VILLAGE

5 properties
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Median Price
RM 640,000
PSF: RM 357

Residential Market

Median Price

RM 640,000

IQR: RM 28
MAD: RM 15
RM 357 PSF 11.2%

PSF Trends (2021-2025)

PENANG VILLAGE in Barat Daya, Penang recorded 5 subsale transactions between 2021 and 2025, with a median price of RM 640K and a median price per square foot (PSF) of RM 357.

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 640K, with most transactions falling within a stable range of RM 600K to RM 680K, and a typical market range of RM 610K to RM 670K.

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

For price per square foot, the median is RM 357, with most transactions between RM 342 and RM 372. The usual range is RM 343.00 to RM 371.00, showing that most units are priced quite close to each other. A typical spread (IQR) of RM 28.00 and an average deviation (MAD) of RM 15 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.

Area Location

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PENANG VILLAGE, Barat Daya, Penang

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Transactions

5 properties grouped by size

1,400 sqft
2 units Double Storey Terraced
RM 500,000
LORONG DESA PENANG 2
1,399 sqft · RM 357.00 PSF
Oct 2024
RM 620,000
LORONG DESA PENANG 2
1,399 sqft · RM 443.00 PSF
Jun 2022
1,850 sqft
2 units
RM 640,000
Double Storey Terraced LORONG DESA PINANG 4
1,862 sqft · RM 344.00 PSF
Nov 2023
RM 680,000
Cluster House LORONG PUNCAK PINANG 1
1,828 sqft · RM 372.00 PSF
Jun 2022
2,650 sqft
1 units Double Storey Semi-D
RM 760,000
OFF JALAN SG RUSA
2,659 sqft · RM 286.00 PSF
Feb 2024