|
Road
|
Price
|
PSF
|
Size
|
Date
|
Type
|
|---|---|---|---|---|---|
| 2023 | |||||
|
Level 5
|
RM 250,000
|
RM 407
|
614 sqft
|
|
LC Flat |
|
Level 3
|
RM 242,000
|
RM 394
|
614 sqft
|
|
LC Flat |
|
Level 1
|
RM 190,000
|
RM 353
|
538 sqft
|
|
LC Flat |
| 2021 | |||||
|
Level 4
|
RM 210,000
|
RM 342
|
614 sqft
|
|
LC Flat |
|
Level 4
|
RM 250,000
|
RM 407
|
614 sqft
|
|
LC Flat |
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Desa Pinang 1, Jelutong, Pulau Pinang, Malaysia
MapsDesa Pinang 1 in Timur Laut, Penang recorded 5 subsale transactions between 2021 and 2026, 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 367.43 to RM 421.43, 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.