DESA IXORA

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 115K to RM 135K, and a typical market range of RM 114K to RM 137K.

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

For price per square foot, the median is RM 247, with most transactions between RM 225 and RM 269. The usual range is RM 224.00 to RM 270.00, showing that most units are priced quite close to each other. A typical spread (IQR) of RM 46.00 and an average deviation (MAD) of RM 22 indicate a highly stable PSF trend across properties.

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.