DESA RAHMAT (GRACELAND VILLA) Property Investment Analysis

13, Timur Laut, Penang

Median Price
RM 246,000
CAGR
+2.7%
Median PSF
RM 352.00
CAGR
+3.2%
Transactions
15
Period
2021-2025

DESA RAHMAT (GRACELAND VILLA) in Timur Laut, Penang recorded 15 subsale transactions between 2021 and 2025, with a median price of RM 246K and a median price per square foot (PSF) of RM 352.

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 246K, with most transactions falling within a stable range of RM 220K to RM 272K, and a typical market range of RM 220K to RM 276K.

Most transactions involved flats, with minimal variety in property types.

The median PSF stands at RM 352, with core pricing between RM 314 and RM 390. Market pricing typically extends from RM 311.00 to RM 393.00, reflecting moderate variation in unit pricing. With an IQR of RM 82.00 and MAD of RM 38, 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. Limited transaction history suggests carefully evaluating comparable sales data.

ADVANCED FILTERS

TRANSACTIONS

15 found
Flat
RM 300,000
PSF: RM 422.00
Area: 710 sqft
Date: Jan 2025
Flat
RM 246,000
PSF: RM 352.00
Area: 700 sqft
Date: Oct 2024
Flat
RM 300,000
PSF: RM 429.00
Area: 700 sqft
Date: Sep 2024
Flat
RM 230,000
PSF: RM 329.00
Area: 700 sqft
Date: Jul 2024
Flat
RM 225,000
PSF: RM 322.00
Area: 700 sqft
Date: May 2024
Flat
RM 220,000
PSF: RM 314.00
Area: 700 sqft
Date: Jul 2023
Flat
RM 230,000
PSF: RM 329.00
Area: 700 sqft
Date: May 2023
Flat
RM 320,000
PSF: RM 457.00
Area: 700 sqft
Date: Apr 2023
Flat
RM 280,000
PSF: RM 400.00
Area: 700 sqft
Date: Mar 2023
Flat
RM 240,000
PSF: RM 343.00
Area: 700 sqft
Date: Oct 2022
Flat
RM 250,000
PSF: RM 357.00
Area: 700 sqft
Date: May 2022
Flat
RM 278,000
PSF: RM 391.00
Area: 710 sqft
Date: Apr 2022
Flat
RM 320,000
PSF: RM 450.00
Area: 710 sqft
Date: Feb 2022
Flat
RM 245,000
PSF: RM 345.00
Area: 710 sqft
Date: Jan 2022
Flat
RM 220,000
PSF: RM 310.00
Area: 710 sqft
Date: Dec 2021