DESA PINANG 2 Property Investment Analysis

Georgetown, Timur Laut, Penang

Median Price
RM 245,000
CAGR
+4.2%
Median PSF
RM 417.00
CAGR
+3.8%
Transactions
63
Period
2021-2025

DESA PINANG 2 in Timur Laut, Penang recorded 63 subsale transactions between 2021 and 2025, with a median price of RM 245K 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 245K, with most transactions falling within a stable range of RM 220K to RM 270K, and a typical market range of RM 220K to RM 270K.

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

For price per square foot, the median is RM 417, with most transactions between RM 386 and RM 448. The usual range is RM 384.50 to RM 449.50, showing that most units are priced quite close to each other. With an IQR of RM 65.00 and MAD of RM 31, 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.

ADVANCED FILTERS

TRANSACTIONS

63 found
Low-Cost Flat
RM 260,000
PSF: RM 424.00
Area: 614 sqft
Date: Jun 2022
Low-Cost Flat
RM 300,000
PSF: RM 489.00
Area: 614 sqft
Date: Apr 2022
Low-Cost Flat
RM 175,000
PSF: RM 332.00
Area: 527 sqft
Date: Apr 2022
Low-Cost Flat
RM 280,000
PSF: RM 456.00
Area: 614 sqft
Date: Mar 2022
Low-Cost Flat
RM 215,000
PSF: RM 350.00
Area: 614 sqft
Date: Dec 2021
Low-Cost Flat
RM 270,000
PSF: RM 440.00
Area: 614 sqft
Date: Dec 2021
Low-Cost Flat
RM 260,000
PSF: RM 424.00
Area: 614 sqft
Date: Dec 2021
Low-Cost Flat
RM 250,000
PSF: RM 407.00
Area: 614 sqft
Date: Nov 2021
Low-Cost Flat
RM 200,000
PSF: RM 379.00
Area: 527 sqft
Date: Nov 2021
Low-Cost Flat
RM 210,000
PSF: RM 342.00
Area: 614 sqft
Date: Oct 2021
Low-Cost Flat
RM 253,000
PSF: RM 412.00
Area: 614 sqft
Date: Aug 2021
Low-Cost Flat
RM 200,000
PSF: RM 326.00
Area: 614 sqft
Date: Jul 2021
Low-Cost Flat
RM 230,000
PSF: RM 375.00
Area: 614 sqft
Date: Mar 2021