DESA RAHMAT (GRACELAND VILLA)

Area Intelligence
2024
Median Price
RM 238,000
PSF: RM 341

Residential PSF Trends

Median Price

RM 238,000

PSF: RM 341

DESA RAHMAT (GRACELAND VILLA) in Timur Laut, Penang recorded 4 subsale transactions in 2024, with a median price of RM 238K and a median price per square foot (PSF) of RM 341.

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 238K, with most transactions falling within a stable range of RM 212K to RM 264K, and a typical market range of RM 208K to RM 268K.

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

The median PSF stands at RM 341, with core pricing between RM 303 and RM 379. Market pricing typically extends from RM 299.50 to RM 381.50, reflecting moderate variation in unit pricing. With an IQR of RM 82.00 and MAD of RM 38, 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.

Loading map...

DESA RAHMAT (GRACELAND VILLA), Timur Laut, Penang

OSM

Track location

Transactions

4 transactions grouped by size

700 sqft
Flat
RM 246,000
Level 7
700 sqft · RM 352 PSF
RM 300,000
Level 3
700 sqft · RM 429 PSF
RM 230,000
Level 8
700 sqft · RM 329 PSF
RM 225,000
Level 13
700 sqft · RM 322 PSF

No Properties For Sale

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

Be the First to List Your Property
List.my Mascot

Unlock Premium Property Insights

Sign up for free to access powerful tools that help you make informed property decisions

100% free • No credit card required • Instant access