DESA PENAGA Property Investment Analysis

Jelutong, Timur Laut, Penang

Median Price
RM 360,000
CAGR
-1.0%
Median PSF
RM 458.50
CAGR
+0.2%
Transactions
6
Period
2022-2024

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

6 found
Flat
RM 305,000
PSF: RM 443.00
Area: 689 sqft
Date: Oct 2024
Flat
RM 380,000
PSF: RM 465.00
Area: 818 sqft
Date: Apr 2024
Flat
RM 450,000
PSF: RM 550.00
Area: 818 sqft
Date: Mar 2024
Flat
RM 345,000
PSF: RM 422.00
Area: 818 sqft
Date: Feb 2024
Flat
RM 350,000
PSF: RM 508.00
Area: 689 sqft
Date: Dec 2023
Flat
RM 370,000
PSF: RM 452.00
Area: 818 sqft
Date: May 2022