|
Road
|
Price
|
PSF
|
Size
|
Date
|
Type
|
|---|---|---|---|---|---|
| 2023 | |||||
|
Lorong Desa Impian 2
|
RM 550,000
|
RM 205
|
2,680 sqft
|
|
Semi-D |
|
Lorong Desa Impian 5
|
RM 580,000
|
RM 218
|
2,659 sqft
|
|
Semi-D |
|
Level 4
|
RM 115,000
|
RM 181
|
635 sqft
|
|
LC Flat |
|
Level 3
|
RM 150,000
|
RM 236
|
635 sqft
|
|
LC Flat |
|
Lorong Desa Impian 3
|
RM 570,000
|
RM 190
|
3,003 sqft
|
|
Semi-D |
|
Level 1
|
RM 140,000
|
RM 220
|
635 sqft
|
|
Condo |
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Market Snapshot
ResidentialRM 350,000
RM 212 psfMedian transaction price
Lrg Desa Impian 14, 14000, Pulau Pinang, Malaysia
MapsTaman Desa Impian in Seberang Perai Tengah, Penang recorded 6 subsale transactions in 2023, with a median price of RM 350K and a median price per square foot (PSF) of RM 212.
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 350K, with most transactions falling within a stable range of RM 134K to RM 566K, and a typical market range of RM 120K to RM 580K.
Most transactions involved 1 - 1 1/2 storey semi-detached, with high diversity across multiple property types.
For price per square foot, the median is RM 212, with most transactions between RM 193 and RM 230. The usual range is RM 193.18 to RM 230.18, showing that most units are priced quite close to each other. A typical spread (IQR) of RM 37.00 and an average deviation (MAD) of RM 19 indicate a highly stable PSF trend across properties.
While the area has shown positive growth trends, price variations suggest a more dynamic market. This presents opportunities for investors comfortable with moderate volatility. Significant price variations suggest comparing multiple properties and timing the market carefully. Limited transaction history suggests carefully evaluating comparable sales data.