Penang Village

George Town, Penang, Malaysia

Property Transactions

4 subsales grouped by size · 2-Sty Terrace →

Median
RM 600,000
PSF
RM 350
Price Size
1,400 sqft
2-Sty Terrace
RM 560,000
Lorong Desa Pinang 2
1,399 sqft · RM 400 PSF
RM 500,000
Lorong Desa Penang 2
1,399 sqft · RM 357 PSF
1,850 sqft
2-Sty Terrace
RM 640,000
Lorong Desa Pinang 4
1,873 sqft · RM 342 PSF
2,650 sqft
Semi-D
RM 760,000
Off Jalan Sungai Rusa
2,659 sqft · RM 286 PSF
Legend Recent Highest Price Highest PSF

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George Town, Penang, Malaysia

Maps

Penang Village in Barat Daya, Penang recorded 4 subsale transactions between 2021 and 2026, with a median price of RM 600K and a median price per square foot (PSF) of RM 350.

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 600K, with most transactions falling within a stable range of RM 503K to RM 697K, and a typical market range of RM 553K to RM 648K.

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

The median PSF stands at RM 350, with core pricing between RM 309 and RM 390. Market pricing typically extends from RM 326.65 to RM 372.40, reflecting moderate variation in unit pricing. With an IQR of RM 45.75 and MAD of RM 41, 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. Despite diverse property types, prices remain relatively stable, offering options for different buyer preferences. Limited transaction history suggests carefully evaluating comparable sales data.