Area Intelligence

PENANG VILLAGE

3 properties
Double Storey Terraced
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Median Price
RM 620,000
PSF: RM 357

Residential Market

Median Price

RM 620,000

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

PSF Trends (2021-2025)

PENANG VILLAGE in Barat Daya, Penang recorded 3 Double Storey Terraced properties subsale transactions between 2021 and 2025 for double storey terraced properties, with a median price of RM 620K 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 620K, with most transactions falling within a stable range of RM 558K to RM 640K, and a typical market range of RM 590K to RM 640K.

Within the Double Storey Terraced category, 2 - 2 1/2 storey terraced dominated the market, with moderate diversity in property types available.

The median PSF stands at RM 357, with core pricing between RM 313 and RM 401. Market pricing typically extends from RM 343.00 to RM 371.00, reflecting moderate variation in unit pricing. With an IQR of RM 28.00 and MAD of RM 44, 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.

Area Location

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PENANG VILLAGE, Barat Daya, Penang

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Transactions

3 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
1 units Double Storey Terraced
RM 640,000
LORONG DESA PINANG 4
1,862 sqft · RM 344.00 PSF
Nov 2023