| Road | Price | PSF | Size | Date | Type |
|---|
|
Level 13
|
RM 200,000
|
RM 326
|
614 sqft
|
|
|
|
Level 7
|
RM 320,000
|
RM 522
|
614 sqft
|
|
|
|
Level 1
|
RM 248,000
|
RM 404
|
614 sqft
|
|
|
|
Level 19
|
RM 275,000
|
RM 448
|
614 sqft
|
|
|
|
Level 15
|
RM 300,000
|
RM 489
|
614 sqft
|
|
|
|
Level 22
|
RM 220,000
|
RM 359
|
614 sqft
|
|
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Market Snapshot
ResidentialRM 267,500
RM 436 psfMedian transaction price
Desa Pinang 2, Jelutong, Pulau Pinang, Malaysia
MapsDesa Pinang 2 in Timur Laut, Penang recorded 14 subsale transactions between 2021 and 2026, with a median price of RM 268K and a median price per square foot (PSF) of RM 436.
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 268K, with most transactions falling within a stable range of RM 228K to RM 307K, and a typical market range of RM 243K to RM 293K.
Most transactions involved low-cost flat, with minimal variety in property types.
The median PSF stands at RM 436, with core pricing between RM 372 and RM 500. Market pricing typically extends from RM 399.49 to RM 472.49, reflecting moderate variation in unit pricing. With an IQR of RM 73.00 and MAD of RM 64, 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.