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Penang, Timur Laut, Georgetown

DESA PINANG 2

Area Intelligence
Median Price
RM 246,500
PSF: RM 417
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Residential PSF Trends

Median Price

RM 246,500

PSF: RM 417

DESA PINANG 2 in Timur Laut, Penang recorded 66 subsale transactions between 2021 and 2025, with a median price of RM 247K and a median price per square foot (PSF) of RM 417.

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 247K, with most transactions falling within a stable range of RM 220K to RM 273K, and a typical market range of RM 222K to RM 272K.

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

For price per square foot, the median is RM 417, with most transactions between RM 386 and RM 448. The usual range is RM 382.00 to RM 452.00, showing that most units are priced quite close to each other. With an IQR of RM 70.00 and MAD of RM 31, 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. Moderate transaction volume may require patience when buying or selling.

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DESA PINANG 2, Timur Laut, Penang

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Transactions

66 transactions grouped by size

View Type

Grouped View Individual View
550 sqft
Low-Cost Flat
RM 220,000
Level 7
527 sqft · RM 417 PSF
RM 240,000
Level 3
527 sqft · RM 455 PSF
RM 198,000
Level 9
527 sqft · RM 375 PSF
RM 210,000
Level 3
527 sqft · RM 398 PSF
RM 220,000
Level 4
527 sqft · RM 417 PSF
RM 160,000
Level 5
527 sqft · RM 303 PSF
View 12 more transactions
600 sqft
Low-Cost Flat
RM 275,000
Level 19
614 sqft · RM 448 PSF
RM 248,000
Level 1
614 sqft · RM 404 PSF
RM 300,000
Level 15
614 sqft · RM 489 PSF
RM 220,000
Level 22
614 sqft · RM 359 PSF
RM 260,000
Level 13
614 sqft · RM 424 PSF
RM 330,000
Level 11
614 sqft · RM 538 PSF
View 42 more transactions

No Properties For Sale

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

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