DESA AIRMAS
Residential Market
Median Price
RM 498,000
PSF Trends (2021-2025)
PROPERTY TYPES OVERVIEW
Flat
12 properties
Median Price
RM 545,000
+4.0% CAGR
Median PSF
RM 556.00
+4.0% CAGR
Low-Cost Flat
4 properties
Median Price
RM 200,000
+4.0% CAGR
Median PSF
RM 372.00
+4.0% CAGR
Property Type | Properties | Median Price | Price CAGR | Median PSF | PSF CAGR | |
---|---|---|---|---|---|---|
Flat | 12 |
RM 545,000
±17K MAD
|
+4.03% |
RM 556.00
±17 MAD
|
+4.04% | |
Low-Cost Flat | 4 |
RM 200,000
±10K MAD
|
+4.00% |
RM 372.00
±19 MAD
|
+3.99% |
DESA AIRMAS in Timur Laut, Penang recorded 3 subsale transactions in 2021, with a median price of RM 498K and a median price per square foot (PSF) of RM 508.
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 498K, with most transactions falling within a stable range of RM 352K to RM 520K, and a typical market range of RM 438K to RM 520K.
Most transactions involved flats, though some variety exists in the market.
The median PSF stands at RM 508, with core pricing between RM 438 and RM 578. Market pricing typically extends from RM 472.63 to RM 543.38, reflecting moderate variation in unit pricing. With an IQR of RM 70.75 and MAD of RM 70, 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. Moderate price stability provides a balanced market for both buyers and sellers. Limited transaction history suggests carefully evaluating comparable sales data.
Filter by type, year, price, and size
Transactions
3 properties grouped by size
Road | Price | PSF | Size | Date | Type |
---|
RM 200,000
|
RM 372.00
|
538 sqft
|
Jan 2021
|
RM 520,000
|
RM 531.00
|
980 sqft
|
Dec 2021
|
||
RM 498,000
|
RM 508.00
|
980 sqft
|
Dec 2021
|