| Road | Price | PSF | Size | Date | Type |
|---|
|
Level 3
|
RM 100,000
|
RM 157
|
635 sqft
|
|
Condo |
|
Level 3
|
RM 120,000
|
RM 189
|
635 sqft
|
|
LC Flat |
|
Level 1
|
RM 100,000
|
RM 157
|
635 sqft
|
|
LC Flat |
|
Lorong Desa Impian 1
|
RM 580,000
|
RM 216
|
2,691 sqft
|
|
|
Lorong Desa Impian 6
|
RM 825,000
|
RM 188
|
4,381 sqft
|
|
|
Lorong Desa Impian 4
|
RM 700,000
|
RM 158
|
4,435 sqft
|
|
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Market Snapshot
ResidentialRM 350,000
RM 173 psfMedian transaction price
Lrg Desa Impian 14, 14000, Pulau Pinang, Malaysia
MapsTaman Desa Impian in Seberang Perai Tengah, Penang recorded 6 subsale transactions in 2022, with a median price of RM 350K and a median price per square foot (PSF) of RM 173.
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 100K to RM 656K, 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.
The median PSF stands at RM 173, with core pricing between RM 151 and RM 195. Market pricing typically extends from RM 154.58 to RM 191.58, reflecting moderate variation in unit pricing. With an IQR of RM 37.00 and MAD of RM 22, the PSF demonstrates reasonable consistency across the market.
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.