Penang Village
George Town, Penang, Malaysia
George Town, Penang, Malaysia
| LIST.MY · Penang Village | |||||
|---|---|---|---|---|---|
|
Road
|
Price
|
PSF
|
Size
|
Date
|
Type
|
| 2023 | |||||
|
Lorong Desa Pinang 4
|
RM640,000
|
RM342
|
1,873 sqft
|
|
2-Sty Terrace |
| 2022 | |||||
|
Lorong Desa Penang 2
|
RM620,000
|
RM331
|
1,873 sqft
|
|
2-Sty Terrace |
|
Lorong Puncak Pinang 1
|
RM680,000
|
RM372
|
1,828 sqft
|
|
Cluster |
Selling in Penang Village? Homes here sold for a median of RM640,000.
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Nearby areas in 3
PSF median price per sq ft · 12m its change over the past 12 months
Most-traded areas in this mukim, by number of recorded subsale transactions. See every area in 3
George Town, Penang, Malaysia
MapsPenang Village in Barat Daya, Penang recorded 3 subsale transactions between 2021 and 2026, sized between 1,825 and 1,874 sqft, with a median price of RM640K and a median price per square foot (PSF) of RM342.
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 RM640K, with most transactions falling within a stable range of RM620K to RM665K, and a typical market range of RM620K to RM680K.
Most transactions involved 2 - 2 1/2 storey terraced, with moderate diversity in property types available.
For price per square foot, the median is RM342, with most transactions between RM324 and RM359. The usual range is RM318.84 to RM364.59, showing that most units are priced quite close to each other. A typical spread (IQR) of RM45.75 and an average deviation (MAD) of RM17 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.