Desa Mar Vista Apartment

11200 Tanjung Bungah, Pulau Pinang, Malaysia

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Market Snapshot

Residential

RM 387,000

RM 447 psf

Median transaction price

Low

Rental Yield Data

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Desa Mar Vista
© OpenStreetMap · CARTO

Desa Mar Vista Apartment, 11200 Tanjung Bungah, Pulau Pinang, Malaysia

Maps

Desa Mar Vista Apartment in Timur Laut, Penang recorded 0 subsale transactions in 2021, with a median price of RM 387K and a median price per square foot (PSF) of RM 447.

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 387K, with most transactions falling within a stable range of RM 333K to RM 441K, and a typical market range of RM 335K to RM 439K.

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

For price per square foot, the median is RM 447, with most transactions between RM 417 and RM 477. The usual range is RM 416.88 to RM 476.13, showing that most units are priced quite close to each other. With an IQR of RM 59.25 and MAD of RM 30, 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. Moderate price stability provides a balanced market for both buyers and sellers. Limited transaction history suggests carefully evaluating comparable sales data.