DESA CEMARA
Residential Market
Median Price
RM 165,000
PSF Trends (2021-2025)
PROPERTY TYPES OVERVIEW
Condo/Apartment
20 properties
Median Price
RM 145,000
+2.3% CAGR
Median PSF
RM 200.75
-0.3% CAGR
Low-Cost Flat
2 properties
Median Price
RM 99,500
Median PSF
RM 168.50
| Property Type | Properties | Median Price | Price CAGR | Median PSF | PSF CAGR | |
|---|---|---|---|---|---|---|
| Condo/Apartment | 20 |
RM 145,000
±5K MAD
|
+2.33% |
RM 200.75
±6 MAD
|
-0.26% | |
| Low-Cost Flat | 2 |
RM 99,500
|
- |
RM 168.50
|
- |
DESA CEMARA in Seberang Perai Tengah, Penang recorded 2 subsale transactions in 2023, with a median price of RM 165K and a median price per square foot (PSF) of RM 217.
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 165K, with most transactions falling within a stable range of RM 130K to RM 200K, and a typical market range of RM 150K to RM 180K.
Most transactions involved condominium/apartment, with minimal variety in property types.
The median PSF stands at RM 217, with core pricing between RM 175 and RM 258. Market pricing typically extends from RM 191.00 to RM 242.00, reflecting moderate variation in unit pricing. The spread of RM 51.00 (IQR) and deviation of RM 42 (MAD) suggest moderate price variations reflecting different property features.
Overall, the market in this area appears stable with consistent appreciation, making it an attractive option for both investors and homebuyers. The consistent property type and stable pricing make it easier to assess value and compare trends. Limited transaction history suggests carefully evaluating comparable sales data.
Filter by type, year, price, and size
Transactions
2 properties grouped by size
| Road | Price | PSF | Size | Date | Type |
|---|
|
RM 130,000
|
RM 175.00
|
743 sqft
|
May 2023
|
|
RM 200,000
|
RM 258.00
|
775 sqft
|
Nov 2023
|