DESA PINANG 2

Area Intelligence
2021
Median Price
RM 230,000
PSF: RM 379

Residential PSF Trends

Median Price

RM 230,000

PSF: RM 379

DESA PINANG 2 in Timur Laut, Penang recorded 9 subsale transactions in 2021, with a median price of RM 230K and a median price per square foot (PSF) of RM 379.

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 230K, with most transactions falling within a stable range of RM 205K to RM 255K, and a typical market range of RM 205K to RM 255K.

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

For price per square foot, the median is RM 379, with most transactions between RM 342 and RM 416. The usual range is RM 344.00 to RM 414.00, showing that most units are priced quite close to each other. With an IQR of RM 70.00 and MAD of RM 37, 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

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Transactions

9 transactions grouped by size

550 sqft
Low-Cost Flat
RM 200,000
Level 11
527 sqft · RM 379 PSF
600 sqft
Low-Cost Flat
RM 260,000
Level 18
614 sqft · RM 424 PSF
RM 270,000
Level 18
614 sqft · RM 440 PSF
RM 215,000
Level 20
614 sqft · RM 350 PSF
RM 250,000
Level 18
614 sqft · RM 407 PSF
RM 210,000
Level 20
614 sqft · RM 342 PSF
RM 253,000
Level 20
614 sqft · RM 412 PSF
RM 200,000
Level 13
614 sqft · RM 326 PSF
RM 230,000
Level 15
614 sqft · RM 375 PSF

No Properties For Sale

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

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