Desa Indah
Bayan Lepas, Pulau Pinang, Malaysia
Bayan Lepas, Pulau Pinang, Malaysia
|
Road
|
Price
|
PSF
|
Size
|
Date
|
Type
|
|---|---|---|---|---|---|
| 2023 | |||||
|
Level 4
|
RM 228,000
|
RM 347
|
657 sqft
|
|
Flat |
|
Level 16
|
RM 300,000
|
RM 442
|
678 sqft
|
|
Flat |
|
Level 13
|
RM 350,000
|
RM 533
|
657 sqft
|
|
Flat |
|
Level 9
|
RM 188,000
|
RM 286
|
657 sqft
|
|
Flat |
|
Level 16
|
RM 250,000
|
RM 381
|
657 sqft
|
|
Flat |
|
Level 7
|
RM 340,000
|
RM 518
|
657 sqft
|
|
Flat |
|
Level 5
|
RM 340,000
|
RM 518
|
657 sqft
|
|
Flat |
|
Level 17
|
RM 225,000
|
RM 343
|
657 sqft
|
|
Flat |
|
Level 20
|
RM 290,000
|
RM 442
|
657 sqft
|
|
Flat |
|
Level G
|
RM 350,000
|
RM 581
|
603 sqft
|
|
Flat |
|
Level 21
|
RM 250,000
|
RM 381
|
657 sqft
|
|
Flat |
|
Level 18
|
RM 300,000
|
RM 457
|
657 sqft
|
|
Flat |
|
Level 9
|
RM 300,000
|
RM 457
|
657 sqft
|
|
Flat |
|
Level 7
|
RM 320,000
|
RM 487
|
657 sqft
|
|
Flat |
|
Level 7
|
RM 210,000
|
RM 320
|
657 sqft
|
|
Flat |
|
Level 6
|
RM 300,000
|
RM 457
|
657 sqft
|
|
Flat |
|
Level 11
|
RM 300,000
|
RM 457
|
657 sqft
|
|
Flat |
|
Level 15
|
RM 260,000
|
RM 403
|
646 sqft
|
|
Flat |
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Market Snapshot
ResidentialRM 300,000
RM 450 psfMedian transaction price
Desa Indah, Bayan Lepas, Pulau Pinang, Malaysia
MapsDesa Indah in Timur Laut, Penang recorded 18 subsale transactions in 2023, with a median price of RM 300K and a median price per square foot (PSF) of RM 450.
This area contains both residential and commercial properties. View 66 residential properties or 1 commercial properties separately for more focused analysis.
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 252K to RM 348K, and a typical market range of RM 251K to RM 349K.
Most transactions involved flats, with minimal variety in property types.
The median PSF stands at RM 450, with core pricing between RM 372 and RM 527. Market pricing typically extends from RM 372.40 to RM 526.90, reflecting moderate variation in unit pricing. The spread of RM 154.50 (IQR) and deviation of RM 77 (MAD) suggest moderate price variations reflecting different property features.
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.