Penang Village
George Town, Penang, Malaysia
George Town, Penang, Malaysia
| Road | Price | PSF | Size | Date | Type |
|---|
|
Lorong Desa Penang 2
|
RM500,000
|
RM357
|
1,399 sqft
|
|
|
Off Jalan Sungai Rusa
|
RM760,000
|
RM286
|
2,659 sqft
|
|
Selling in Penang Village? Homes here sold for a median of RM630,000.
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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 2 subsale transactions in 2024, with a median price of RM630K and a median price per square foot (PSF) of RM322.
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 RM630K, with most transactions falling within a stable range of RM500K to RM760K, and a typical market range of RM583K to RM678K.
Most transactions involved 2 - 2 1/2 storey terraced, with moderate diversity in property types available.
The median PSF stands at RM322, with core pricing between RM286 and RM357. Market pricing typically extends from RM298.72 to RM344.47, reflecting moderate variation in unit pricing. With an IQR of RM45.75 and MAD of RM36, 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.