LIST

Penang, Timur Laut, Georgetown

DESA PINANG 1

Area Intelligence
Median Price
RM 242,000
PSF: RM 394
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Residential PSF Trends

Median Price

RM 242,000

PSF: RM 394

DESA PINANG 1 in Timur Laut, Penang recorded 5 subsale transactions between 2021 and 2025, with a median price of RM 242K and a median price per square foot (PSF) of RM 394.

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 242K, with most transactions falling within a stable range of RM 234K to RM 250K, and a typical market range of RM 222K to RM 250K.

Most transactions involved low-cost flat, with minimal variety in property types.

For price per square foot, the median is RM 394, with most transactions between RM 381 and RM 407. The usual range is RM 367.00 to RM 421.00, showing that most units are priced quite close to each other. With an IQR of RM 54.00 and MAD of RM 13, 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 PINANG 1, Timur Laut, Penang

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Transactions

5 transactions grouped by size

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550 sqft
Low-Cost Flat
RM 190,000
Level 1
538 sqft · RM 353 PSF
600 sqft
Low-Cost Flat
RM 250,000
Level 5
614 sqft · RM 407 PSF
RM 242,000
Level 3
614 sqft · RM 394 PSF
RM 210,000
Level 4
614 sqft · RM 342 PSF
RM 250,000
Level 4
614 sqft · RM 407 PSF

No Properties For Sale

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

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