DESA PENAGA Property Investment Analysis
DESA PENAGA in Timur Laut, Penang recorded 6 subsale transactions between 2021 and 2025, with a median price of RM 360K and a median price per square foot (PSF) of RM 459.
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 360K, with most transactions falling within a stable range of RM 343K to RM 378K, and a typical market range of RM 344K to RM 376K.
Most transactions involved flats, with minimal variety in property types.
For price per square foot, the median is RM 459, with most transactions between RM 433 and RM 485. The usual range is RM 432.50 to RM 484.50, showing that most units are priced quite close to each other. With an IQR of RM 52.00 and MAD of RM 26, 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 305,000
|
RM 443.00
|
689 sqft
|
Oct 2024
|
Flat |
|
RM 380,000
|
RM 465.00
|
818 sqft
|
Apr 2024
|
Flat |
|
RM 450,000
|
RM 550.00
|
818 sqft
|
Mar 2024
|
Flat |
|
RM 345,000
|
RM 422.00
|
818 sqft
|
Feb 2024
|
Flat |
|
RM 350,000
|
RM 508.00
|
689 sqft
|
Dec 2023
|
Flat |
|
RM 370,000
|
RM 452.00
|
818 sqft
|
May 2022
|