LIST

Penang, Timur Laut, Georgetown

DESA PINANG 2

Area Intelligence
2024
Median Price
RM 260,000
PSF: RM 424
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Residential PSF Trends

Median Price

RM 260,000

PSF: RM 424

DESA PINANG 2 in Timur Laut, Penang recorded 9 subsale transactions in 2024, 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 222K to RM 298K, and a typical market range of RM 235K to RM 285K.

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

The median PSF stands at RM 424, with core pricing between RM 369 and RM 479. Market pricing typically extends from RM 389.00 to RM 459.00, reflecting moderate variation in unit pricing. With an IQR of RM 70.00 and MAD of RM 55, 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

9 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 220,000
Level 7
527 sqft · RM 417 PSF
600 sqft
Low-Cost Flat
RM 275,000
Level 1
614 sqft · RM 448 PSF
RM 330,000
Level 11
614 sqft · RM 538 PSF
RM 260,000
Level 13
614 sqft · RM 424 PSF
RM 260,000
Level 13
614 sqft · RM 424 PSF
RM 275,000
Level 17
614 sqft · RM 448 PSF
RM 225,000
Level 20
614 sqft · RM 367 PSF
RM 260,000
Level 14
614 sqft · RM 424 PSF
RM 335,000
Level 22
614 sqft · RM 546 PSF

No Properties For Sale

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

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