DESAMAS MELUR

Area Intelligence
2024
Median Price
RM 299,000
PSF: RM 421

Residential PSF Trends

Median Price

RM 299,000

PSF: RM 421

DESAMAS MELUR in Timur Laut, Penang recorded 3 subsale transactions in 2024, with a median price of RM 299K and a median price per square foot (PSF) of RM 421.

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 299K, with most transactions falling within a stable range of RM 269K to RM 330K, and a typical market range of RM 261K to RM 337K.

Most transactions involved flats, though some variety exists in the market.

For price per square foot, the median is RM 421, with most transactions between RM 407 and RM 436. The usual range is RM 408.50 to RM 433.50, showing that most units are priced quite close to each other. A typical spread (IQR) of RM 25.00 and an average deviation (MAD) of RM 15 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.

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DESAMAS MELUR, Timur Laut, Penang

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