Desa Mesra
Northeast District, Penang, Malaysia
Northeast District, Penang, Malaysia
| Road | Price | PSF | Size | Date | Type |
|---|
|
Level 5
|
RM 550,000
|
RM 516
|
1,066 sqft
|
|
|
|
Level 2
|
RM 585,000
|
RM 549
|
1,066 sqft
|
|
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Northeast District, Penang, Malaysia
MapsDesa Mesra in Timur Laut, Penang recorded 5 subsale transactions between 2021 and 2026, with a median price of RM 620K and a median price per square foot (PSF) of RM 516.
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 620K, with most transactions falling within a stable range of RM 585K to RM 655K, and a typical market range of RM 588K to RM 653K.
Most transactions involved condominium/apartment, though some variety exists in the market.
For price per square foot, the median is RM 516, with most transactions between RM 493 and RM 539. The usual range is RM 493.13 to RM 539.13, showing that most units are priced quite close to each other. A typical spread (IQR) of RM 46.00 and an average deviation (MAD) of RM 23 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.