Penang
Timur Laut
Tanjung Bungah
DESA EMBUN EMAS

DESA EMBUN EMAS

Area Intelligence

2022

Median Price

RM 650,000

PSF: RM 459

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Residential PSF Trends

Median Price

RM 650,000

PSF: RM 459

DESA EMBUN EMAS in Timur Laut, Penang recorded 4 subsale transactions in 2022, with a median price of RM 650K 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 650K, with most transactions falling within a stable range of RM 618K to RM 660K, and a typical market range of RM 585K to RM 660K.

Most transactions involved condominium/apartment, though some variety exists in the market.

For price per square foot, the median is RM 459, with most transactions between RM 435 and RM 483. The usual range is RM 435.88 to RM 482.13, showing that most units are priced quite close to each other. A typical spread (IQR) of RM 46.25 and an average deviation (MAD) of RM 24 indicate a highly stable PSF trend across properties.

While the area has shown positive growth trends, price variations suggest a more dynamic market. This presents opportunities for investors comfortable with moderate volatility. Significant price variations suggest comparing multiple properties and timing the market carefully. Limited transaction history suggests carefully evaluating comparable sales data.

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DESA EMBUN EMAS, Timur Laut, Penang

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