Desa Mar Vista Apartment

11200 Tanjung Bungah, Pulau Pinang, Malaysia

Property Transactions

3 subsales grouped by size

Median
RM 384,000
PSF
RM 437
Price Size
850 sqft
Condo
RM 384,000
Level 1
850 sqft · RM 452 PSF
RM 362,000
Level 7
829 sqft · RM 437 PSF
1,400 sqft
Condo
RM 438,000
Level G
1,389 sqft · RM 315 PSF
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Market Snapshot

Residential

RM 384,000

RM 437 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 3 subsale transactions in 2024, with a median price of RM 384K and a median price per square foot (PSF) of RM 437.

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 384K, with most transactions falling within a stable range of RM 362K to RM 416K, and a typical market range of RM 362K to RM 436K.

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

The median PSF stands at RM 437, with core pricing between RM 376 and RM 498. Market pricing typically extends from RM 407.15 to RM 466.40, reflecting moderate variation in unit pricing. With an IQR of RM 59.25 and MAD of RM 61, 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.