PENANG VILLAGE
Residential Market
Median Price
RM 620,000
PSF Trends (2021-2025)
PROPERTY TYPES OVERVIEW
Double Storey Terraced
3 properties
Median Price
RM 620,000
-10.2% CAGR
Median PSF
RM 357.00
-10.2% CAGR
Double Storey Semi-D
1 properties
Median Price
RM 760,000
Median PSF
RM 286.00
Cluster House
1 properties
Median Price
RM 680,000
Median PSF
RM 372.00
Property Type | Properties | Median Price | Price CAGR | Median PSF | PSF CAGR | |
---|---|---|---|---|---|---|
Double Storey Terraced | 3 |
RM 620,000
±20K MAD
|
-10.20% |
RM 357.00
±13 MAD
|
-10.23% | |
Double Storey Semi-D | 1 |
RM 760,000
|
- |
RM 286.00
|
- | |
Cluster House | 1 |
RM 680,000
|
- |
RM 372.00
|
- |
PENANG VILLAGE in Barat Daya, Penang recorded 3 Double Storey Terraced properties subsale transactions between 2021 and 2025 for double storey terraced properties, with a median price of RM 620K and a median price per square foot (PSF) of RM 357.
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 620K, with most transactions falling within a stable range of RM 558K to RM 640K, and a typical market range of RM 590K to RM 640K.
Within the Double Storey Terraced category, 2 - 2 1/2 storey terraced dominated the market, with moderate diversity in property types available.
The median PSF stands at RM 357, with core pricing between RM 313 and RM 401. Market pricing typically extends from RM 343.00 to RM 371.00, reflecting moderate variation in unit pricing. With an IQR of RM 28.00 and MAD of RM 44, 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. Despite diverse property types, prices remain relatively stable, offering options for different buyer preferences. Limited transaction history suggests carefully evaluating comparable sales data.
Filter by type, year, price, and size
Transactions
3 properties grouped by size
Road | Price | PSF | Size | Date | Type |
---|
LORONG DESA PENANG 2
|
RM 500,000
|
RM 357.00
|
1,399 sqft
|
Oct 2024
|
|
LORONG DESA PENANG 2
|
RM 620,000
|
RM 443.00
|
1,399 sqft
|
Jun 2022
|
LORONG DESA PINANG 4
|
RM 640,000
|
RM 344.00
|
1,862 sqft
|
Nov 2023
|