PENANG VILLAGE

Area Intelligence
Median Price
RM 620,000
PSF: RM 372

Residential PSF Trends

Median Price

RM 620,000

PSF: RM 372

PENANG VILLAGE in Barat Daya, Penang recorded 5 subsale transactions between 2021 and 2025, with a median price of RM 620K and a median price per square foot (PSF) of RM 372.

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 620K, with most transactions falling within a stable range of RM 557K to RM 680K, and a typical market range of RM 573K to RM 668K.

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 372, with most transactions between RM 337 and RM 407. The usual range is RM 349.13 to RM 394.88, showing that most units are priced quite close to each other. A typical spread (IQR) of RM 45.75 and an average deviation (MAD) of RM 35 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.

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PENANG VILLAGE, Barat Daya, Penang

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Transactions

5 transactions grouped by size

1,400 sqft
Double Storey Terraced
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
RM 620,000
LORONG DESA PENANG 2
1,399 sqft · RM 443 PSF
1,850 sqft
RM 640,000
LORONG DESA PINANG 4
1,862 sqft · RM 344 PSF
RM 680,000
LORONG PUNCAK PINANG 1
1,828 sqft · RM 372 PSF

No Properties For Sale

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

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