DESA PINANG 2

Area Intelligence
64 subsale transactions
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Median Price
RM 245,000
PSF: RM 417

Residential PSF Trends

Median Price

RM 245,000

PSF: RM 417

DESA PINANG 2 in Timur Laut, Penang recorded 64 subsale transactions between 2021 and 2025, with a median price of RM 245K 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 245K, with most transactions falling within a stable range of RM 220K to RM 270K, and a typical market range of RM 220K to RM 270K.

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 384 and RM 451. The usual range is RM 383.50 to RM 450.50, showing that most units are priced quite close to each other. With an IQR of RM 67.00 and MAD of RM 34, 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

OSM

Transactions

64 transactions grouped by size

550 sqft
Low-Cost Flat
RM 220,000
Level 7
527 sqft · RM 417.00 PSF
Mar 2024
RM 240,000
Level 3
527 sqft · RM 455.00 PSF
Dec 2023
RM 198,000
Level 9
527 sqft · RM 375.00 PSF
Nov 2023
RM 210,000
Level 3
527 sqft · RM 398.00 PSF
Oct 2023
RM 220,000
Level 4
527 sqft · RM 417.00 PSF
Sep 2023
RM 160,000
Level 5
527 sqft · RM 303.00 PSF
Aug 2023
600 sqft
Low-Cost Flat
RM 300,000
Level 15
614 sqft · RM 489.00 PSF
Apr 2025
RM 220,000
Level 22
614 sqft · RM 359.00 PSF
Feb 2025
RM 260,000
Level 13
614 sqft · RM 424.00 PSF
Jun 2024
RM 330,000
Level 11
614 sqft · RM 538.00 PSF
Jun 2024
RM 275,000
Level 1
614 sqft · RM 448.00 PSF
Jun 2024
RM 225,000
Level 20
614 sqft · RM 367.00 PSF
May 2024