Penang
Timur Laut
13
DESA RAHMAT

DESA RAHMAT

Area Intelligence

2022

Median Price

RM 320,000

PSF: RM 252

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Commercial PSF Trends

Median Price

RM 320,000

RM 252 PSF

DESA RAHMAT in Timur Laut, Penang recorded 1 subsale transactions in 2022, with a median price of RM 320K and a median price per square foot (PSF) of RM 252.

This area consists exclusively of commercial properties, with no residential listings recorded.

Price remained flat, and PSF growth was PSF remained flat.

Most transactions involved office lot, with minimal variety in property types.

For price per square foot, the median is RM 252, with most transactions between RM 252 and RM 252. The usual range is RM 217.50 to RM 286.50, showing that most units are priced quite close to each other. With an IQR of RM 69.00 and MAD of RM 0, 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. Moderate price stability provides a balanced market for both buyers and sellers. Limited transaction history suggests carefully evaluating comparable sales data.

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DESA RAHMAT, Timur Laut, Penang

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