Penang
Timur Laut
Jelutong
DESA GREEN

DESA GREEN

Area Intelligence

2021

Median Price

RM 288,000

PSF: RM 410

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Residential PSF Trends

Median Price

RM 288,000

PSF: RM 410

DESA GREEN in Timur Laut, Penang recorded 2 subsale transactions in 2021, with a median price of RM 288K and a median price per square foot (PSF) of RM 410.

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 288K, with most transactions falling within a stable range of RM 226K to RM 350K, and a typical market range of RM 249K to RM 327K.

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

Price per square foot shows a median of RM 410, though individual units vary from RM 319 to RM 500 in the core range. The broader market spans RM 357.25 to RM 461.75, indicating diverse property characteristics. The spread of RM 104.50 (IQR) and deviation of RM 91 (MAD) suggest moderate price variations reflecting different property features.

Overall, the market in this area appears stable with consistent appreciation, making it an attractive option for both investors and homebuyers. Moderate price stability provides a balanced market for both buyers and sellers. Limited transaction history suggests carefully evaluating comparable sales data.

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DESA GREEN, Timur Laut, Penang

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