DESA GREEN

DESA GREEN in Timur Laut, Penang recorded 10 subsale transactions in 2023, with a median price of RM 293K and a median price per square foot (PSF) of RM 415.

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 293K, with most transactions falling within a stable range of RM 253K to RM 333K, and a typical market range of RM 254K to RM 331K.

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

The median PSF stands at RM 415, with core pricing between RM 364 and RM 466. Market pricing typically extends from RM 362.75 to RM 467.25, 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.