DESA CEMARA

Area Intelligence
2024
Median Price
RM 150,000
PSF: RM 194

Residential PSF Trends

Median Price

RM 150,000

PSF: RM 194

DESA CEMARA in Seberang Perai Tengah, Penang recorded 7 subsale transactions in 2024, with a median price of RM 150K and a median price per square foot (PSF) of RM 194.

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 150K, with most transactions falling within a stable range of RM 130K to RM 174K, and a typical market range of RM 130K to RM 175K.

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

The median PSF stands at RM 194, with core pricing between RM 160 and RM 228. Market pricing typically extends from RM 163.50 to RM 224.50, reflecting moderate variation in unit pricing. The spread of RM 61.00 (IQR) and deviation of RM 34 (MAD) suggest moderate price variations reflecting different property features.

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

7 transactions found

RM 160,000
Level G
764 sqft RM 209.00 PSF
RM 130,000
Level 4
775 sqft RM 168.00 PSF
RM 180,000
Level 1
743 sqft RM 242.00 PSF
RM 140,000
Level 4
775 sqft RM 181.00 PSF
RM 135,000
Level 2
743 sqft RM 182.00 PSF
RM 200,000
Level G
743 sqft RM 269.00 PSF
RM 150,000
Level 1
775 sqft RM 194.00 PSF

No Properties For Sale

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

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