DESA AIRMAS in Timur Laut, Penang recorded 3 subsale transactions in 2021, with a median price of RM 498K and a median price per square foot (PSF) of RM 508.
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 498K, with most transactions falling within a stable range of RM 458K to RM 538K, and a typical market range of RM 438K to RM 558K.
Most transactions involved flats, though some variety exists in the market.
For price per square foot, the median is RM 508, with most transactions between RM 468 and RM 549. The usual range is RM 472.63 to RM 543.38, showing that most units are priced quite close to each other. With an IQR of RM 70.75 and MAD of RM 41, 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.