Area Intelligence

PENANG VILLAGE

1 properties
2023
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Median Price
RM 640,000
PSF: RM 344

Residential Market

Median Price

RM 640,000

IQR: RM 28
MAD: RM 15
RM 344 PSF 11.2%

PSF Trends (2021-2025)

PENANG VILLAGE in Barat Daya, Penang recorded 1 subsale transactions in 2023, with a median price of RM 640K and a median price per square foot (PSF) of RM 344.

This area consists exclusively of residential properties, with no commercial listings recorded.

Price remained flat, and PSF growth was PSF remained flat.

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 344, with most transactions between RM 344 and RM 344. The usual range is RM 330.00 to RM 358.00, 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 0 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

1 properties grouped by size

1,850 sqft
1 units Double Storey Terraced
RM 640,000
LORONG DESA PINANG 4
1,862 sqft · RM 344.00 PSF
Nov 2023