DESA MAR VISTA

Area Intelligence
2022
Median Price
RM 686,000
PSF: RM 455

Residential PSF Trends

Median Price

RM 686,000

PSF: RM 455

DESA MAR VISTA in Timur Laut, Penang recorded 3 subsale transactions in 2022, with a median price of RM 686K and a median price per square foot (PSF) of RM 455.

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 686K, with most transactions falling within a stable range of RM 580K to RM 750K, and a typical market range of RM 634K to RM 738K.

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

The median PSF stands at RM 455, with core pricing between RM 396 and RM 514. Market pricing typically extends from RM 425.38 to RM 484.63, reflecting moderate variation in unit pricing. With an IQR of RM 59.25 and MAD of RM 59, 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.

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DESA MAR VISTA, Timur Laut, Penang

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Transactions

3 transactions grouped by size

1,100 sqft
Condo/Apartment
RM 500,000
Level 15
1,098 sqft · RM 455 PSF
1,350 sqft
Condo/Apartment
RM 750,000
Level 10
1,356 sqft · RM 553 PSF
1,650 sqft
Condo/Apartment
RM 686,000
Level 11
1,668 sqft · RM 411 PSF

No Properties For Sale

There are currently no properties listed for sale in this area.

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