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 300K to RM 260K, and a typical market range of RM 300K to RM 285K.
Most transactions involved flats, with minimal variety in property types.
For price per square foot, the median is RM 381, with most transactions between RM 359 and RM 404. The usual range is RM 327.50 to RM 434.50, showing that most units are priced quite close to each other. With an IQR of RM 107.00 and MAD of RM 23, 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. Moderate transaction volume may require patience when buying or selling.
