DESA RAHMAT (GRACELAND VILLA)

Area Intelligence
2022
Median Price
RM 250,000
PSF: RM 357

Residential PSF Trends

Median Price

RM 250,000

PSF: RM 357

DESA RAHMAT (GRACELAND VILLA) in Timur Laut, Penang recorded 5 subsale transactions in 2022, with a median price of RM 250K and a median price per square foot (PSF) of RM 357.

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 250K, with most transactions falling within a stable range of RM 240K to RM 265K, and a typical market range of RM 240K to RM 278K.

Most transactions involved flats, with minimal variety in property types.

For price per square foot, the median is RM 357, with most transactions between RM 338 and RM 376. The usual range is RM 316.00 to RM 398.00, showing that most units are priced quite close to each other. With an IQR of RM 82.00 and MAD of RM 19, the PSF demonstrates reasonable consistency across the market.

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 RAHMAT (GRACELAND VILLA), Timur Laut, Penang

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Transactions

4 transactions found

RM 240,000
Level 13
700 sqft RM 343.00 PSF
RM 250,000
Level 8
700 sqft RM 357.00 PSF
RM 278,000
Level 3
710 sqft RM 391.00 PSF
RM 245,000
Level 5
710 sqft RM 345.00 PSF

No Properties For Sale

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

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