Desa Mar Vista Apartment

11200 Tanjung Bungah, Pulau Pinang, Malaysia

Property Transactions

4 subsales grouped by size

Median
RM 359,500
PSF
RM 424
Price Size
850 sqft
Condo
RM 450,000
Level 8
829 sqft · RM 543 PSF
RM 329,000
Level 7
872 sqft · RM 377 PSF
RM 390,000
Level 8
829 sqft · RM 471 PSF
900 sqft
Condo
RM 315,000
Level 4
883 sqft · RM 357 PSF
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Market Snapshot

Residential

RM 359,500

RM 424 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 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 394.33 to RM 453.58, 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.