Desa Elite (Elite Homes)

8, Jalan Perusahaan Jelutong 2, Fortune Park, 11600 George Town, Pulau Pinang, Malaysia

Property Transactions

2 subsales grouped by size

Median
RM1,525,000
PSF
RM606
Period
transactions middle 50% (P25–P75)
2,700 sqft
2-Sty Terrace
RM1,650,000
Solok Bakau
2,723 sqft · RM606 PSF
RM1,400,000
Solok Bakau
2,723 sqft · RM514 PSF
Legend Recent Highest Price Highest PSF

Selling in Desa Elite (Elite Homes)? Homes here sold for a median of RM1,525,000.

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8, Jalan Perusahaan Jelutong 2, Fortune Park, 11600 George Town, Pulau Pinang, Malaysia

Maps

Desa Elite in Timur Laut, Penang recorded 2 subsale transactions between 2021 and 2026, with a median price of RM1.53 million and a median price per square foot (PSF) of RM606.

Nothing is listed in Desa Elite (Elite Homes) right now. Browse properties for sale in Jelutong and properties for rent in Jelutong nearby, then use the 2 sales recorded here to judge whether an asking price is fair.

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 RM1.53 million, with most transactions falling within a stable range of RM1.40 million to RM1.65 million, and a typical market range of RM1.46 million to RM1.59 million.

Most transactions involved 2 - 2 1/2 storey terraced, with minimal variety in property types.

Price per square foot shows a median of RM606, though individual units vary from RM448 to RM765 in the core range. The broader market spans RM526.75 to RM685.25, indicating diverse property characteristics. A wider spread (IQR: RM158.50) and deviation (MAD: RM159) indicate significant PSF variations, likely due to diverse property types or conditions.

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.