Penang
Timur Laut
13
DESAMAS MELUR

DESAMAS MELUR

Area Intelligence

2024

Median Price

RM 299,000

PSF: RM 421

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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 225K to RM 299K, and a typical market range of RM 261K to RM 299K.

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

The median PSF stands at RM 421, with core pricing between RM 359 and RM 483. Market pricing typically extends from RM 408.50 to RM 433.50, reflecting moderate variation in unit pricing. With an IQR of RM 25.00 and MAD of RM 62, 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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DESAMAS MELUR, Timur Laut, Penang

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