DESA RAHMAT Property Investment Analysis

13, Timur Laut, Penang

Median Price
RM 407,500
CAGR
+24.4%
Median PSF
RM 321.00
CAGR
+24.4%
Transactions
2
Period
2022-2024

DESA RAHMAT in Timur Laut, Penang recorded 2 subsale transactions between 2021 and 2025, with a median price of RM 408K and a median price per square foot (PSF) of RM 321.

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

Price remained flat, and PSF growth was PSF remained flat. The median price is RM 408K, with most transactions falling within a stable range of RM 320K to RM 495K, and a typical market range of RM 364K to RM 451K.

Most transactions involved office lot, with minimal variety in property types.

Price per square foot shows a median of RM 321, though individual units vary from RM 252 to RM 390 in the core range. The broader market spans RM 286.50 to RM 355.50, indicating diverse property characteristics. The spread of RM 69.00 (IQR) and deviation of RM 69 (MAD) suggest moderate price variations reflecting different property features.

Overall, the market in this area appears stable with consistent appreciation, making it an attractive option for both investors and homebuyers. Moderate price stability provides a balanced market for both buyers and sellers. Limited transaction history suggests carefully evaluating comparable sales data.

ADVANCED FILTERS

TRANSACTIONS

2 found
Office Lot
RM 495,000
PSF: RM 390.00
Area: 1,270 sqft
Date: Jul 2024
Office Lot
RM 320,000
PSF: RM 252.00
Area: 1,270 sqft
Date: Dec 2022