DESA CEMARA

Area Intelligence

2021

Median Price

RM 140,000

PSF: RM 196

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Residential PSF Trends

Median Price

RM 140,000

PSF: RM 196

DESA CEMARA in Seberang Perai Tengah, Penang recorded 4 subsale transactions in 2021, with a median price of RM 140K and a median price per square foot (PSF) of RM 196.

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 140K, with most transactions falling within a stable range of RM 120K to RM 169K, and a typical market range of RM 120K to RM 165K.

Most transactions involved condominium/apartment, with minimal variety in property types.

The median PSF stands at RM 196, with core pricing between RM 167 and RM 224. Market pricing typically extends from RM 165.00 to RM 226.00, reflecting moderate variation in unit pricing. With an IQR of RM 61.00 and MAD of RM 28, 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. Moderate price stability provides a balanced market for both buyers and sellers. Limited transaction history suggests carefully evaluating comparable sales data.

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DESA CEMARA, Seberang Perai Tengah, Penang

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Transactions

4 transactions found

Popular Ranges

Under RM 300k RM 300k - 500k RM 500k - 750k RM 750k - 1M RM 1M - 2M RM 2M+

Custom Range

Min Price (RM)

Max Price (RM)

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Size Range (sqft)

Popular Ranges

Under 1,000 sqft 1,000 - 2,000 sqft 2,000 - 3,000 sqft 3,000 - 5,000 sqft 5,000 - 10,000 sqft 10,000+ sqft

Custom Range

Min Size (sqft)

Max Size (sqft)

Clear

RM 120,000

Level 2

635 sqft • RM 189.00 PSF

Dec 2021

RM 130,000

Level 3

732 sqft • RM 178.00 PSF

Sep 2021

RM 195,000

Level G

775 sqft • RM 252.00 PSF

Jul 2021

RM 150,000

Level 2

743 sqft • RM 202.00 PSF

May 2021

Road	Price	Land PSF	Land	Date	Type
Level 2	RM 120,000	RM 189.00	635 sqft	Dec 2021	Condo/Apartment
Level 3	RM 130,000	RM 178.00	732 sqft	Sep 2021	Condo/Apartment
Level G	RM 195,000	RM 252.00	775 sqft	Jul 2021	Condo/Apartment
Level 2	RM 150,000	RM 202.00	743 sqft	May 2021	Condo/Apartment