DESA RAHMAT (GRACELAND VILLA) Property Investment Analysis
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
Type
|
Road
|
Price
|
PSF
|
Area
|
Date
|
---|---|---|---|---|---|
Flat |
|
RM 300,000
|
RM 422.00
|
710 sqft
|
Jan 2025
|
Flat |
|
RM 246,000
|
RM 352.00
|
700 sqft
|
Oct 2024
|
Flat |
|
RM 300,000
|
RM 429.00
|
700 sqft
|
Sep 2024
|
Flat |
|
RM 230,000
|
RM 329.00
|
700 sqft
|
Jul 2024
|
Flat |
|
RM 225,000
|
RM 322.00
|
700 sqft
|
May 2024
|
Flat |
|
RM 220,000
|
RM 314.00
|
700 sqft
|
Jul 2023
|
Flat |
|
RM 230,000
|
RM 329.00
|
700 sqft
|
May 2023
|
Flat |
|
RM 320,000
|
RM 457.00
|
700 sqft
|
Apr 2023
|
Flat |
|
RM 280,000
|
RM 400.00
|
700 sqft
|
Mar 2023
|
Flat |
|
RM 240,000
|
RM 343.00
|
700 sqft
|
Oct 2022
|
Flat |
|
RM 250,000
|
RM 357.00
|
700 sqft
|
May 2022
|
Flat |
|
RM 278,000
|
RM 391.00
|
710 sqft
|
Apr 2022
|
Flat |
|
RM 320,000
|
RM 450.00
|
710 sqft
|
Feb 2022
|
Flat |
|
RM 245,000
|
RM 345.00
|
710 sqft
|
Jan 2022
|
Flat |
|
RM 220,000
|
RM 310.00
|
710 sqft
|
Dec 2021
|