DESA SELATAN Property Investment Analysis

Georgetown, Timur Laut, Penang

Median Price
RM 320,000
CAGR
+12.9%
Median PSF
RM 457.00
CAGR
+12.9%
Transactions
5
Period
2022-2023

DESA SELATAN in Timur Laut, Penang recorded 5 subsale transactions between 2021 and 2025, with a median price of RM 320K and a median price per square foot (PSF) of RM 457.

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 320K, with most transactions falling within a stable range of RM 300K to RM 340K, and a typical market range of RM 300K to RM 345K.

Most transactions involved flats, with minimal variety in property types.

For price per square foot, the median is RM 457, with most transactions between RM 429 and RM 485. The usual range is RM 421.50 to RM 492.50, showing that most units are priced quite close to each other. With an IQR of RM 71.00 and MAD of RM 28, 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.

ADVANCED FILTERS

TRANSACTIONS

5 found
Flat
RM 350,000
PSF: RM 500.00
Area: 700 sqft
Date: Jul 2023
Flat
RM 350,000
PSF: RM 500.00
Area: 700 sqft
Date: Jun 2023
Flat
RM 300,000
PSF: RM 429.00
Area: 700 sqft
Date: May 2023
Flat
RM 300,000
PSF: RM 429.00
Area: 700 sqft
Date: Aug 2022
Flat
RM 320,000
PSF: RM 457.00
Area: 700 sqft
Date: Apr 2022