DESA CEMARA

DESA CEMARA in Seberang Perai Tengah, Penang recorded 7 subsale transactions in 2024, with a median price of RM 150K and a median price per square foot (PSF) of RM 194.

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 150K, with most transactions falling within a stable range of RM 130K to RM 174K, and a typical market range of RM 135K to RM 165K.

Most transactions involved condominium/apartment, with minimal variety in property types.

The median PSF stands at RM 194, with core pricing between RM 160 and RM 228. Market pricing typically extends from RM 168.50 to RM 219.50, reflecting moderate variation in unit pricing. The spread of RM 51.00 (IQR) and deviation of RM 34 (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.