DAMAI VISTA Property Investment Analysis
PROPERTY TYPES OVERVIEW
Low-Cost House
56 properties
Median Price
RM 292,000
+1.1% CAGR
Median PSF
RM 265.00
+1.0% CAGR
1 - 1 1/2 Storey Shop
5 properties
Median Price
RM 224,500
-39.6% CAGR
Median PSF
RM 204.00
+4.0% CAGR
1 - 1 1/2 Storey Terraced
4 properties
Median Price
RM 310,000
+10.1% CAGR
Median PSF
RM 282.00
+10.9% CAGR
Property Type | Properties | Transactions | Median Price | Price CAGR | Median PSF | PSF CAGR | |
---|---|---|---|---|---|---|---|
Low-Cost House | 56 | 18,175,000 |
RM 292,000
±12K MAD
|
+1.05% |
RM 265.00
±10 MAD
|
+0.97% | |
1 - 1 1/2 Storey Shop | 5 | 955,000 |
RM 224,500
±56K MAD
|
-39.64% |
RM 204.00
±4 MAD
|
+4.00% | |
1 - 1 1/2 Storey Terraced | 4 | 1,250,000 |
RM 310,000
±40K MAD
|
+10.06% |
RM 282.00
±37 MAD
|
+10.88% |
DAMAI VISTA in Timur Laut, Penang recorded 8 subsale transactions between 2021 and 2025, with a median price of RM 383K and a median price per square foot (PSF) of RM 547.
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 383K, with most transactions falling within a stable range of RM 360K to RM 405K, and a typical market range of RM 360K to RM 405K.
Most transactions involved flats, with minimal variety in property types.
For price per square foot, the median is RM 547, with most transactions between RM 514 and RM 579. The usual range is RM 514.25 to RM 578.75, showing that most units are priced quite close to each other. With an IQR of RM 64.50 and MAD of RM 33, 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
Type
|
Road
|
Price
|
PSF
|
Area
|
Date
|
---|---|---|---|---|---|
Flat |
|
RM 355,000
|
RM 507.00
|
700 sqft
|
Oct 2024
|
Flat |
|
RM 335,000
|
RM 479.00
|
700 sqft
|
May 2024
|
Flat |
|
RM 390,000
|
RM 557.00
|
700 sqft
|
Oct 2023
|
Flat |
|
RM 365,000
|
RM 522.00
|
700 sqft
|
Mar 2023
|
Flat |
|
RM 430,000
|
RM 615.00
|
700 sqft
|
Jul 2022
|
Flat |
|
RM 440,000
|
RM 629.00
|
700 sqft
|
Jun 2022
|
Flat |
|
RM 375,000
|
RM 536.00
|
700 sqft
|
Nov 2021
|
Flat |
|
RM 400,000
|
RM 572.00
|
700 sqft
|
Nov 2021
|