DESA IXORA

Area Intelligence
2023
Median Price
RM 125,000
PSF: RM 247

Residential PSF Trends

Median Price

RM 125,000

PSF: RM 247

DESA IXORA in Timur Laut, Penang recorded 11 subsale transactions in 2023, with a median price of RM 125K and a median price per square foot (PSF) of RM 247.

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 125K, with most transactions falling within a stable range of RM 106K to RM 144K, and a typical market range of RM 114K to RM 137K.

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

The median PSF stands at RM 247, with core pricing between RM 209 and RM 285. Market pricing typically extends from RM 224.00 to RM 270.00, reflecting moderate variation in unit pricing. The spread of RM 46.00 (IQR) and deviation of RM 38 (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.

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DESA IXORA, Timur Laut, Penang

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Transactions

11 transactions grouped by size

500 sqft
Low-Cost Flat
RM 114,000
Level 10
506 sqft · RM 225 PSF
RM 116,000
Level 7
506 sqft · RM 229 PSF
RM 150,000
Level 11
506 sqft · RM 297 PSF
RM 160,000
Level 10
506 sqft · RM 316 PSF
RM 115,000
Level 3
506 sqft · RM 227 PSF
RM 125,000
Level 12
506 sqft · RM 247 PSF

No Properties For Sale

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

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