Desa Rahmat (Graceland Villa)

Jalan Bukit Jambul, Taman Desa Rahmat, 11900 Bayan Lepas, Pulau Pinang, Malaysia

Property Transactions

17 subsales grouped by size

Median
RM 245,000
PSF
RM 352
700 sqft
Flat
RM 210,000
Level 10
700 sqft · RM 300 PSF
RM 210,000
Level 5
710 sqft · RM 296 PSF
RM 300,000
Level 12
710 sqft · RM 422 PSF
RM 246,000
Level 7
700 sqft · RM 352 PSF
RM 300,000
Level 3
700 sqft · RM 429 PSF
RM 230,000
Level 8
700 sqft · RM 329 PSF
+11 more
Legend Recent Highest Price Highest PSF
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Market Snapshot

Residential

RM 245,000

RM 345 psf

Median transaction price

Desa Rahmat (Graceland Villa)
© OpenStreetMap · CARTO

Jalan Bukit Jambul, Taman Desa Rahmat, 11900 Bayan Lepas, Pulau Pinang, Malaysia

Maps

Desa Rahmat (Graceland Villa) in Timur Laut, Penang recorded 17 subsale transactions between 2021 and 2026, with a median price of RM 245K 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 245K, with most transactions falling within a stable range of RM 220K to RM 270K, and a typical market range of RM 218K to RM 273K.

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

For price per square foot, the median is RM 352, with most transactions between RM 317 and RM 387. The usual range is RM 312.60 to RM 390.60, showing that most units are priced quite close to each other. With an IQR of RM 78.00 and MAD of RM 35, 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.