DESA INDAH in Timur Laut, Penang recorded 24 subsale transactions in 2022, with a median price of RM 250K and a median price per square foot (PSF) of RM 381.
This area contains both residential and commercial properties. View 56 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 250K, with most transactions falling within a stable range of RM 221K to RM 279K, and a typical market range of RM 215K to RM 285K.
Most transactions involved flats, with minimal variety in property types.
The median PSF stands at RM 381, with core pricing between RM 337 and RM 425. Market pricing typically extends from RM 327.50 to RM 434.50, reflecting moderate variation in unit pricing. With an IQR of RM 107.00 and MAD of RM 44, 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. Moderate transaction volume may require patience when buying or selling.