Penang
Timur Laut
13
DESA RAHMAT (GRACELAND VILLA)

DESA RAHMAT (GRACELAND VILLA)

Area Intelligence

2021

Median Price

RM 220,000

PSF: RM 310

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Residential PSF Trends

Median Price

RM 220,000

PSF: RM 310

DESA RAHMAT (GRACELAND VILLA) in Timur Laut, Penang recorded 1 subsale transactions in 2021, with a median price of RM 220K and a median price per square foot (PSF) of RM 310.

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 220K, with most transactions falling within a stable range of RM 194K to RM 246K, and a typical market range of RM 190K to RM 250K.

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

The median PSF stands at RM 310, with core pricing between RM 272 and RM 348. Market pricing typically extends from RM 269.00 to RM 351.00, 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.

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DESA RAHMAT (GRACELAND VILLA), Timur Laut, Penang

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