DESA INDAH

Area Intelligence
2023
Median Price
RM 300,000
PSF: RM 450

Residential PSF Trends

Median Price

RM 300,000

PSF: RM 450

Commercial PSF Trends

Median Price

RM 438,000

RM 727 PSF

DESA 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 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 300K, with most transactions falling within a stable range of RM 262K to RM 300K, and a typical market range of RM 265K to RM 300K.

Most transactions involved flats, with minimal variety in property types.

The median PSF stands at RM 450, with core pricing between RM 392 and RM 507. Market pricing typically extends from RM 396.00 to RM 503.00, reflecting moderate variation in unit pricing. With an IQR of RM 107.00 and MAD of RM 57, 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. 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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DESA INDAH, Timur Laut, Penang

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