Penang Village

George Town, Penang, Malaysia

Property Transactions

2 subsales found

Price Size
Period
transactions middle 50% (P25–P75)
RM560,000
Lorong Desa Pinang 2
1,399 sqft RM400 PSF
RM500,000
Lorong Desa Penang 2
1,399 sqft RM357 PSF
Legend Recent Highest Price Highest PSF

Selling in Penang Village? Homes here sold for a median of RM530,000.

Free to list, about two minutes, and the buyers reading this page will see it.

List your property free

Posts about Penang Village

What’s happening in Penang Village?

No posts about Penang Village yet. Be the first to share what’s happening here.

Nearby areas in 3

Most-traded areas in this mukim, by number of recorded subsale transactions. See every area in 3

Loading map...

George Town, Penang, Malaysia

Maps

Penang Village in Barat Daya, Penang recorded 2 subsale transactions between 2021 and 2026, sized between 1,375 and 1,424 sqft, with a median price of RM530K and a median price per square foot (PSF) of RM379.

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 RM530K, with most transactions falling within a stable range of RM500K to RM560K, and a typical market range of RM500K to RM560K.

Most transactions involved 2 - 2 1/2 storey terraced, with moderate diversity in property types available.

For price per square foot, the median is RM379, with most transactions between RM357 and RM400. The usual range is RM355.89 to RM401.64, showing that most units are priced quite close to each other. A typical spread (IQR) of RM45.75 and an average deviation (MAD) of RM21 indicate a highly stable PSF trend across properties.

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.