DESAMAS MELUR Property Investment Analysis
DESAMAS MELUR in Timur Laut, Penang recorded 5 subsale transactions between 2021 and 2025, with a median price of RM 300K and a median price per square foot (PSF) of RM 422.
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 300K, with most transactions falling within a stable range of RM 280K to RM 320K, and a typical market range of RM 290K to RM 311K.
Most transactions involved flats, though some variety exists in the market.
For price per square foot, the median is RM 422, with most transactions between RM 394 and RM 450. The usual range is RM 407.50 to RM 436.50, showing that most units are priced quite close to each other. A typical spread (IQR) of RM 29.00 and an average deviation (MAD) of RM 28 indicate a highly stable PSF trend across properties.
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.
ADVANCED FILTERS
TRANSACTIONS
Type
|
Road
|
Price
|
PSF
|
Area
|
Date
|
---|---|---|---|---|---|
Flat |
|
RM 340,000
|
RM 479.00
|
710 sqft
|
Jul 2024
|
Low-Cost Flat |
|
RM 150,000
|
RM 297.00
|
506 sqft
|
May 2024
|
Flat |
|
RM 299,000
|
RM 421.00
|
710 sqft
|
Apr 2024
|
Flat |
|
RM 320,000
|
RM 450.00
|
710 sqft
|
Aug 2023
|
Flat |
|
RM 300,000
|
RM 422.00
|
710 sqft
|
Nov 2022
|