DESA MAS

Area Intelligence
2023
Median Price
RM 650,000
PSF: RM 629

Residential PSF Trends

Median Price

RM 650,000

PSF: RM 629

DESA MAS in Timur Laut, Penang recorded 1 subsale transactions in 2023, with a median price of RM 650K and a median price per square foot (PSF) of RM 629.

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 650K, with most transactions falling within a stable range of RM 560K to RM 740K, and a typical market range of RM 546K to RM 754K.

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

The median PSF stands at RM 629, with core pricing between RM 542 and RM 716. Market pricing typically extends from RM 528.63 to RM 729.38, reflecting moderate variation in unit pricing. With an IQR of RM 200.75 and MAD of RM 87, 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.

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DESA MAS, Timur Laut, Penang

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