DESA GREEN in Timur Laut, Penang recorded 11 subsale transactions in 2024, with a median price of RM 320K and a median price per square foot (PSF) of RM 450.
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 280K to RM 360K, and a typical market range of RM 281K to RM 359K.
Most transactions involved flats, with minimal variety in property types.
The median PSF stands at RM 450, with core pricing between RM 399 and RM 501. Market pricing typically extends from RM 397.75 to RM 502.25, reflecting moderate variation in unit pricing. With an IQR of RM 104.50 and MAD of RM 51, 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.