Penang
Timur Laut
Batu Feringgi
DESA MAR VISTA

DESA MAR VISTA

Area Intelligence

2023

Median Price

RM 359,500

PSF: RM 424

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Residential PSF Trends

Median Price

RM 359,500

PSF: RM 424

DESA MAR VISTA in Timur Laut, Penang recorded 4 subsale transactions in 2023, with a median price of RM 360K and a median price per square foot (PSF) of RM 424.

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 360K, with most transactions falling within a stable range of RM 315K to RM 413K, and a typical market range of RM 315K to RM 411K.

Most transactions involved condominium/apartment, with minimal variety in property types.

The median PSF stands at RM 424, with core pricing between RM 349 and RM 499. Market pricing typically extends from RM 394.38 to RM 453.63, reflecting moderate variation in unit pricing. The spread of RM 59.25 (IQR) and deviation of RM 75 (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.

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DESA MAR VISTA, Timur Laut, Penang

OSM

Track location

Transactions

4 transactions found

Popular Ranges

Under RM 300k RM 300k - 500k RM 500k - 750k RM 750k - 1M RM 1M - 2M RM 2M+

Custom Range

Min Price (RM)

Max Price (RM)

Clear

Size Range (sqft)

Popular Ranges

Under 1,000 sqft 1,000 - 2,000 sqft 2,000 - 3,000 sqft 3,000 - 5,000 sqft 5,000 - 10,000 sqft 10,000+ sqft

Custom Range

Min Size (sqft)

Max Size (sqft)

Clear

RM 450,000

Level 8

829 sqft • RM 543.00 PSF

Aug 2023

RM 329,000

Level 7

872 sqft • RM 377.00 PSF

Apr 2023

RM 315,000

Level 4

883 sqft • RM 357.00 PSF

Apr 2023

RM 390,000

Level 8

829 sqft • RM 471.00 PSF

Mar 2023

Road	Price	Land PSF	Land	Date	Type
Level 8	RM 450,000	RM 543.00	829 sqft	Aug 2023	Condo/Apartment
Level 7	RM 329,000	RM 377.00	872 sqft	Apr 2023	Condo/Apartment
Level 4	RM 315,000	RM 357.00	883 sqft	Apr 2023	Condo/Apartment
Level 8	RM 390,000	RM 471.00	829 sqft	Mar 2023	Condo/Apartment