DESA PENAGA

Area Intelligence
2024
Median Price
RM 362,500
PSF: RM 454

Residential PSF Trends

Median Price

RM 362,500

PSF: RM 454

DESA PENAGA in Timur Laut, Penang recorded 4 subsale transactions in 2024, with a median price of RM 363K and a median price per square foot (PSF) of RM 454.

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 363K, with most transactions falling within a stable range of RM 309K to RM 416K, and a typical market range of RM 347K to RM 378K.

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

The median PSF stands at RM 454, with core pricing between RM 405 and RM 503. Market pricing typically extends from RM 428.00 to RM 480.00, reflecting moderate variation in unit pricing. With an IQR of RM 52.00 and MAD of RM 49, 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.

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DESA PENAGA, Timur Laut, Penang

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Transactions

4 transactions found

RM 305,000
Level 6
689 sqft RM 443.00 PSF
RM 380,000
Level 4
818 sqft RM 465.00 PSF
RM 450,000
Level 6
818 sqft RM 550.00 PSF
RM 345,000
Level 8
818 sqft RM 422.00 PSF

No Properties For Sale

There are currently no properties listed for sale in this area.

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