DESA AMAN

DESA AMAN in Timur Laut, Penang recorded 9 subsale transactions in 2023, with a median price of RM 175K and a median price per square foot (PSF) of RM 301.

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 175K, with most transactions falling within a stable range of RM 163K to RM 203K, and a typical market range of RM 163K to RM 191K.

Most transactions involved low-cost flat, with minimal variety in property types.

The median PSF stands at RM 301, with core pricing between RM 253 and RM 349. Market pricing typically extends from RM 273.50 to RM 328.50, reflecting moderate variation in unit pricing. The spread of RM 55.00 (IQR) and deviation of RM 48 (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. The consistent property type and stable pricing make it easier to assess value and compare trends. Limited transaction history suggests carefully evaluating comparable sales data.