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Penang, Timur Laut, Georgetown

DESA PINANG 2

Area Intelligence
2022
Median Price
RM 250,000
PSF: RM 417
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Residential PSF Trends

Median Price

RM 250,000

PSF: RM 417

DESA PINANG 2 in Timur Laut, Penang recorded 11 subsale transactions in 2022, with a median price of RM 250K 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 250K, with most transactions falling within a stable range of RM 203K to RM 297K, and a typical market range of RM 225K to RM 275K.

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

The median PSF stands at RM 417, with core pricing between RM 357 and RM 477. 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 60, 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.

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DESA PINANG 2, Timur Laut, Penang

OSM

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Transactions

11 transactions grouped by size

View Type

Grouped View Individual View

Property Type

All Types
Categories
Residential Commercial
Specific Types
Single Storey Semi-D Single Storey Shop Single Storey Terraced Double Storey Semi-D Double Storey Shop Double Storey Terraced 3-Storey Shop 4-Storey Shop 5-Storey Shop 6-Storey Shop Cluster House Condo/Apartment Bungalow Detached Factory Flat Industrial Unit Low-Cost Flat Low-Cost House Office Lot SOHO/SOFO/SOVO Semi-D Factory Service Apartment Shop/Retail Lot Terraced Factory Town House

Year

All Years 2025 2024 2023 2022 2021
Popular Ranges
Under RM 300k RM 300k - 500k RM 500k - 750k RM 750k - 1M RM 1M - 2M RM 2M+
Custom Range
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
Clear
550 sqft
Low-Cost Flat
RM 175,000
Level 12
527 sqft · RM 332 PSF
RM 175,000
Level 4
527 sqft · RM 332 PSF
RM 220,000
Level 1
527 sqft · RM 417 PSF
RM 175,000
Level 7
527 sqft · RM 332 PSF
600 sqft
Low-Cost Flat
RM 250,000
Level 2
614 sqft · RM 407 PSF
RM 280,000
Level 15
614 sqft · RM 456 PSF
RM 185,000
Level 5
614 sqft · RM 302 PSF
RM 270,000
Level 22
614 sqft · RM 440 PSF
RM 260,000
Level 20
614 sqft · RM 424 PSF
RM 300,000
Level 21
614 sqft · RM 489 PSF
RM 280,000
Level 10
614 sqft · RM 456 PSF

No Properties For Sale

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

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