Penang
Timur Laut
Georgetown
DESA PINANG 2

DESA PINANG 2

Area Intelligence

2023

Median Price

RM 240,000

PSF: RM 417

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Residential PSF Trends

Median Price

RM 240,000

PSF: RM 417

DESA PINANG 2 in Timur Laut, Penang recorded 33 subsale transactions in 2023, with a median price of RM 240K 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 240K, with most transactions falling within a stable range of RM 207K to RM 273K, and a typical market range of RM 215K to RM 265K.

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

The median PSF stands at RM 417, with core pricing between RM 375 and RM 459. Market pricing typically extends from RM 382.00 to RM 452.00, reflecting moderate variation in unit pricing. With an IQR of RM 70.00 and MAD of RM 42, 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

Track location

Transactions

33 transactions found

Popular Ranges

Under RM 300k RM 300k - 500k RM 500k - 750k RM 750k - 1M RM 1M - 2M RM 2M+

Custom Range

Min Price (RM)

Max Price (RM)

Clear

Size Range (sqft)

Popular Ranges

Under 1,000 sqft 1,000 - 2,000 sqft 2,000 - 3,000 sqft 3,000 - 5,000 sqft 5,000 - 10,000 sqft 10,000+ sqft

Custom Range

Min Size (sqft)

Max Size (sqft)

Clear

RM 255,000

Level 21

614 sqft • RM 416.00 PSF

Dec 2023

RM 237,000

Level 20

614 sqft • RM 386.00 PSF

Dec 2023

RM 230,000

Level 12

614 sqft • RM 375.00 PSF

Dec 2023

RM 268,000

Level 11

614 sqft • RM 437.00 PSF

Dec 2023

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 238,000

Level 6

614 sqft • RM 388.00 PSF

Oct 2023

RM 210,000

Level 3

527 sqft • RM 398.00 PSF

Oct 2023

RM 270,000

Level 2

614 sqft • RM 440.00 PSF

Oct 2023

RM 270,000

Level 3

614 sqft • RM 440.00 PSF

Oct 2023

RM 280,000

Level 9

614 sqft • RM 456.00 PSF

Oct 2023

RM 300,000

Level 21

614 sqft • RM 489.00 PSF

Sep 2023

RM 228,000

Level 8

614 sqft • RM 372.00 PSF

Sep 2023

RM 230,000

Level 2

614 sqft • RM 375.00 PSF

Sep 2023

RM 220,000

Level 4

527 sqft • RM 417.00 PSF

Sep 2023

RM 240,000

Level 13

614 sqft • RM 391.00 PSF

Aug 2023

RM 270,000

Level 14

614 sqft • RM 440.00 PSF

Aug 2023

RM 160,000

Level 5

527 sqft • RM 303.00 PSF

Aug 2023

RM 245,000

Level 10

527 sqft • RM 465.00 PSF

Jul 2023

RM 280,000

Level 18

614 sqft • RM 456.00 PSF

Jun 2023

RM 270,000

Level 16

614 sqft • RM 440.00 PSF

Jun 2023

RM 245,000

Level 14

614 sqft • RM 399.00 PSF

Jun 2023

RM 188,000

Level 7

527 sqft • RM 356.00 PSF

Jun 2023

RM 300,000

Level 19

614 sqft • RM 489.00 PSF

May 2023

RM 260,000

Level 19

614 sqft • RM 424.00 PSF

May 2023

RM 278,000

Level 14

614 sqft • RM 453.00 PSF

May 2023

RM 220,000

Level 9

527 sqft • RM 417.00 PSF

May 2023

RM 245,000

Level 11

614 sqft • RM 399.00 PSF

Apr 2023

RM 230,000

Level 1

527 sqft • RM 436.00 PSF

Apr 2023

RM 285,000

Level 5

614 sqft • RM 465.00 PSF

Mar 2023

RM 230,000

Level 1

527 sqft • RM 436.00 PSF

Feb 2023

RM 175,000

Level 11

527 sqft • RM 332.00 PSF

Jan 2023

RM 220,000

Level 11

527 sqft • RM 417.00 PSF

Jan 2023

Road	Price	Land PSF	Land	Date	Type
Level 21	RM 255,000	RM 416.00	614 sqft	Dec 2023	Low-Cost Flat
Level 20	RM 237,000	RM 386.00	614 sqft	Dec 2023	Low-Cost Flat
Level 12	RM 230,000	RM 375.00	614 sqft	Dec 2023	Low-Cost Flat
Level 11	RM 268,000	RM 437.00	614 sqft	Dec 2023	Low-Cost Flat
Level 3	RM 240,000	RM 455.00	527 sqft	Dec 2023	Low-Cost Flat
Level 9	RM 198,000	RM 375.00	527 sqft	Nov 2023	Low-Cost Flat
Level 6	RM 238,000	RM 388.00	614 sqft	Oct 2023	Low-Cost Flat
Level 3	RM 210,000	RM 398.00	527 sqft	Oct 2023	Low-Cost Flat
Level 2	RM 270,000	RM 440.00	614 sqft	Oct 2023	Low-Cost Flat
Level 3	RM 270,000	RM 440.00	614 sqft	Oct 2023	Low-Cost Flat
Level 9	RM 280,000	RM 456.00	614 sqft	Oct 2023	Low-Cost Flat
Level 21	RM 300,000	RM 489.00	614 sqft	Sep 2023	Low-Cost Flat
Level 8	RM 228,000	RM 372.00	614 sqft	Sep 2023	Low-Cost Flat
Level 2	RM 230,000	RM 375.00	614 sqft	Sep 2023	Low-Cost Flat
Level 4	RM 220,000	RM 417.00	527 sqft	Sep 2023	Low-Cost Flat
Level 13	RM 240,000	RM 391.00	614 sqft	Aug 2023	Low-Cost Flat
Level 14	RM 270,000	RM 440.00	614 sqft	Aug 2023	Low-Cost Flat
Level 5	RM 160,000	RM 303.00	527 sqft	Aug 2023	Low-Cost Flat
Level 10	RM 245,000	RM 465.00	527 sqft	Jul 2023	Low-Cost Flat
Level 18	RM 280,000	RM 456.00	614 sqft	Jun 2023	Low-Cost Flat
Level 16	RM 270,000	RM 440.00	614 sqft	Jun 2023	Low-Cost Flat
Level 14	RM 245,000	RM 399.00	614 sqft	Jun 2023	Low-Cost Flat
Level 7	RM 188,000	RM 356.00	527 sqft	Jun 2023	Low-Cost Flat
Level 19	RM 300,000	RM 489.00	614 sqft	May 2023	Low-Cost Flat
Level 19	RM 260,000	RM 424.00	614 sqft	May 2023	Low-Cost Flat
Level 14	RM 278,000	RM 453.00	614 sqft	May 2023	Low-Cost Flat
Level 9	RM 220,000	RM 417.00	527 sqft	May 2023	Low-Cost Flat
Level 11	RM 245,000	RM 399.00	614 sqft	Apr 2023	Low-Cost Flat
Level 1	RM 230,000	RM 436.00	527 sqft	Apr 2023	Low-Cost Flat
Level 5	RM 285,000	RM 465.00	614 sqft	Mar 2023	Low-Cost Flat
Level 1	RM 230,000	RM 436.00	527 sqft	Feb 2023	Low-Cost Flat
Level 11	RM 175,000	RM 332.00	527 sqft	Jan 2023	Low-Cost Flat
Level 11	RM 220,000	RM 417.00	527 sqft	Jan 2023	Low-Cost Flat