Penang Village

George Town, Penang, Malaysia

Property Transactions

4 subsales grouped by size

Price Size
Period
transactions middle 50% (P25–P75)
1,400 sqft
2-Sty Terrace
RM560,000
Lorong Desa Pinang 2
1,399 sqft · RM400 PSF
RM500,000
Lorong Desa Penang 2
1,399 sqft · RM357 PSF
1,850 sqft
2-Sty Terrace
RM640,000
Lorong Desa Pinang 4
1,873 sqft · RM342 PSF
RM620,000
Lorong Desa Penang 2
1,873 sqft · RM331 PSF
Legend Recent Highest Price Highest PSF

Selling in Penang Village

Homes here sold for a median of RM590,000. Yours can be the next one listed.

Buyers reading these 4 transactions are already looking at Penang Village. Put your listing in front of them. It takes about two minutes.

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Free · No credit card · Owners and agents

Selling in Penang Village

Homes here sold for a median of RM590,000. Yours can be the next one listed.

Buyers reading these 4 transactions are already looking at Penang Village. Put your listing in front of them. It takes about two minutes.

List your property free

Free · No credit card · Owners and agents

Selling in Penang Village

Homes here sold for a median of RM590,000. Yours can be the next one listed.

Buyers reading these 4 transactions are already looking at Penang Village. Put your listing in front of them. It takes about two minutes.

List your property free

Free · No credit card · Owners and agents

Selling in Penang Village

Homes here sold for a median of RM590,000. Yours can be the next one listed.

Buyers reading these 4 transactions are already looking at Penang Village. Put your listing in front of them. It takes about two minutes.

List your property free

Free · No credit card · Owners and agents

Selling in Penang Village

Homes here sold for a median of RM590,000. Yours can be the next one listed.

Buyers reading these 4 transactions are already looking at Penang Village. Put your listing in front of them. It takes about two minutes.

List your property free

Free · No credit card · Owners and agents

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Nearby areas in 3

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

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George Town, Penang, Malaysia

Maps

Penang Village in Barat Daya, Penang recorded 4 Double Storey Terraced properties subsale transactions between 2021 and 2026, with a median price of RM590K and a median price per square foot (PSF) of RM350.

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 RM590K, with most transactions falling within a stable range of RM535K to RM640K, and a typical market range of RM543K to RM638K.

Within the Double Storey Terraced category, 2 - 2 1/2 storey terraced dominated the market, with moderate diversity in property types available.

For price per square foot, the median is RM350, with most transactions between RM323 and RM376. The usual range is RM326.65 to RM372.40, showing that most units are priced quite close to each other. A typical spread (IQR) of RM45.75 and an average deviation (MAD) of RM26 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.

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