PENANG VILLAGE

Area Intelligence
2024
Median Price
RM 630,000
PSF: RM 322

Residential PSF Trends

Median Price

RM 630,000

PSF: RM 322

PENANG VILLAGE in Barat Daya, Penang recorded 2 subsale transactions in 2024, with a median price of RM 630K and a median price per square foot (PSF) of RM 322.

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 630K, with most transactions falling within a stable range of RM 500K to RM 760K, and a typical market range of RM 583K to RM 678K.

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

The median PSF stands at RM 322, with core pricing between RM 286 and RM 357. Market pricing typically extends from RM 298.63 to RM 344.38, reflecting moderate variation in unit pricing. With an IQR of RM 45.75 and MAD of RM 36, 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.

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PENANG VILLAGE, Barat Daya, Penang

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Transactions

2 transactions grouped by size

1,400 sqft
Double Storey Terraced
RM 500,000
LORONG DESA PENANG 2
1,399 sqft · RM 357 PSF
2,650 sqft
Double Storey Semi-D
RM 760,000
OFF JALAN SUNGAI RUSA
2,659 sqft · RM 286 PSF

No Properties For Sale

There are currently no properties listed for sale in this area.

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