Desa Indah
Bayan Lepas, Pulau Pinang, Malaysia
Bayan Lepas, Pulau Pinang, Malaysia
| Road | Price | PSF | Size | Date | Type |
|---|
|
Level 8
|
RM 180,000
|
RM 274
|
657 sqft
|
|
|
|
Level 16
|
RM 230,000
|
RM 350
|
657 sqft
|
|
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Market Snapshot
ResidentialRM 205,000
RM 312 psfMedian transaction price
Desa Indah, Bayan Lepas, Pulau Pinang, Malaysia
MapsDesa Indah in Timur Laut, Penang recorded 2 subsale transactions in 2021, with a median price of RM 205K and a median price per square foot (PSF) of RM 312.
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 205K, with most transactions falling within a stable range of RM 180K to RM 230K, and a typical market range of RM 180K to RM 230K.
Most transactions involved flats, with minimal variety in property types.
The median PSF stands at RM 312, with core pricing between RM 274 and RM 350. Market pricing typically extends from RM 234.96 to RM 389.46, reflecting moderate variation in unit pricing. With an IQR of RM 154.50 and MAD of RM 38, the PSF demonstrates reasonable consistency across the market.
While the area has shown positive growth trends, price variations suggest a more dynamic market. This presents opportunities for investors comfortable with moderate volatility. Some price volatility exists, making thorough market research essential before transacting. Limited transaction history suggests carefully evaluating comparable sales data.