DESA MAY Property Investment Analysis
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
Type
|
Road
|
Price
|
PSF
|
Area
|
Date
|
---|---|---|---|---|---|
Low-Cost Flat |
|
RM 200,000
|
RM 379.00
|
527 sqft
|
Sep 2024
|
Low-Cost Flat |
|
RM 180,000
|
RM 341.00
|
527 sqft
|
Apr 2024
|
Low-Cost Flat |
|
RM 190,000
|
RM 360.00
|
527 sqft
|
Jan 2024
|
Low-Cost Flat |
|
RM 168,000
|
RM 319.00
|
527 sqft
|
Dec 2023
|
Low-Cost Flat |
|
RM 218,000
|
RM 413.00
|
527 sqft
|
Dec 2023
|
Flat |
|
RM 150,000
|
RM 284.00
|
527 sqft
|
Oct 2023
|
Low-Cost Flat |
|
RM 178,000
|
RM 337.00
|
527 sqft
|
Aug 2023
|
Low-Cost Flat |
|
RM 195,000
|
RM 370.00
|
527 sqft
|
Apr 2023
|
Low-Cost Flat |
|
RM 180,000
|
RM 341.00
|
527 sqft
|
Jan 2022
|
Low-Cost Flat |
|
RM 175,000
|
RM 332.00
|
527 sqft
|
Aug 2021
|