DESA CEMARA

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 125K to RM 155K.

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 170.00 to RM 221.00, reflecting moderate variation in unit pricing. With an IQR of RM 51.00 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.