| Road | Price | PSF | Size | Date | Type |
|---|
|
Level 13
|
RM 200,000
|
RM 326
|
614 sqft
|
|
|
|
Level 7
|
RM 320,000
|
RM 522
|
614 sqft
|
|
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Market Snapshot
ResidentialRM 260,000
RM 424 psfMedian transaction price
Desa Pinang 2, Jelutong, Pulau Pinang, Malaysia
MapsDesa Pinang 2 in Timur Laut, Penang recorded 2 subsale transactions between 2021 and 2026, with a median price of RM 260K and a median price per square foot (PSF) of RM 424.
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 260K, with most transactions falling within a stable range of RM 200K to RM 320K, and a typical market range of RM 235K to RM 285K.
Most transactions involved low-cost flat, with minimal variety in property types.
Price per square foot shows a median of RM 424, though individual units vary from RM 326 to RM 522 in the core range. The broader market spans RM 387.50 to RM 460.50, indicating diverse property characteristics. The spread of RM 73.00 (IQR) and deviation of RM 98 (MAD) suggest moderate price variations reflecting different property features.
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.