Penang
Timur Laut
13
DESA RAHMAT (GRACELAND VILLA)

DESA RAHMAT (GRACELAND VILLA)

Area Intelligence

2022

Median Price

RM 250,000

PSF: RM 357

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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 224K to RM 276K, and a typical market range of RM 220K to RM 280K.

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

The median PSF stands at RM 357, with core pricing between RM 319 and RM 395. Market pricing typically extends from RM 316.00 to RM 398.00, 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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Transactions

5 transactions grouped by size

Popular Ranges

Under RM 300k RM 300k - 500k RM 500k - 750k RM 750k - 1M RM 1M - 2M RM 2M+

Custom Range

Min Price (RM)

Max Price (RM)

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Size Range (sqft)

Popular Ranges

Under 1,000 sqft 1,000 - 2,000 sqft 2,000 - 3,000 sqft 3,000 - 5,000 sqft 5,000 - 10,000 sqft 10,000+ sqft

Custom Range

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Road	Price	Land PSF	Land	Date	Type

700 sqft

Flat

700 sqft

Flat

RM 240,000

Level 13

700 sqft · RM 343 PSF

Oct 2022

RM 250,000

Level 8

700 sqft · RM 357 PSF

May 2022

RM 278,000

Level 3

710 sqft · RM 391 PSF

Apr 2022

RM 320,000

Level 10

710 sqft · RM 450 PSF

Feb 2022

RM 245,000

Level 5

710 sqft · RM 345 PSF

Jan 2022

Level 13	RM 240,000	RM 343	700 sqft	Oct 2022
Level 8	RM 250,000	RM 357	700 sqft	May 2022
Level 3	RM 278,000	RM 391	710 sqft	Apr 2022
Level 10	RM 320,000	RM 450	710 sqft	Feb 2022
Level 5	RM 245,000	RM 345	710 sqft	Jan 2022