DESA MAY Property Investment Analysis

13, Timur Laut, Penang

Median Price
RM 180,000
CAGR
+2.8%
Median PSF
RM 341.00
CAGR
+2.7%
Transactions
10
Period
2021-2024

DESA MAY in Timur Laut, Penang recorded 10 subsale transactions between 2021 and 2025, with a median price of RM 180K and a median price per square foot (PSF) of RM 341.

This area consists exclusively of residential properties, with no commercial listings recorded.

Price remained flat, and PSF growth was PSF remained flat. The median price is RM 180K, with most transactions falling within a stable range of RM 169K to RM 191K, and a typical market range of RM 171K to RM 189K.

Most transactions involved low-cost flat, with minimal variety in property types.

For price per square foot, the median is RM 341, with most transactions between RM 321 and RM 362. The usual range is RM 323.88 to RM 358.13, showing that most units are priced quite close to each other. A typical spread (IQR) of RM 34.25 and an average deviation (MAD) of RM 21 indicate a highly stable PSF trend across properties.

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.

ADVANCED FILTERS

TRANSACTIONS

10 found
Low-Cost Flat
RM 200,000
PSF: RM 379.00
Area: 527 sqft
Date: Sep 2024
Low-Cost Flat
RM 180,000
PSF: RM 341.00
Area: 527 sqft
Date: Apr 2024
Low-Cost Flat
RM 190,000
PSF: RM 360.00
Area: 527 sqft
Date: Jan 2024
Low-Cost Flat
RM 168,000
PSF: RM 319.00
Area: 527 sqft
Date: Dec 2023
Low-Cost Flat
RM 218,000
PSF: RM 413.00
Area: 527 sqft
Date: Dec 2023
Flat
RM 150,000
PSF: RM 284.00
Area: 527 sqft
Date: Oct 2023
Low-Cost Flat
RM 178,000
PSF: RM 337.00
Area: 527 sqft
Date: Aug 2023
Low-Cost Flat
RM 195,000
PSF: RM 370.00
Area: 527 sqft
Date: Apr 2023
Low-Cost Flat
RM 180,000
PSF: RM 341.00
Area: 527 sqft
Date: Jan 2022
Low-Cost Flat
RM 175,000
PSF: RM 332.00
Area: 527 sqft
Date: Aug 2021