Area Intelligence

DESA AIRMAS

3 properties
2021
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Median Price
RM 498,000
PSF: RM 508

Residential Market

Median Price

RM 498,000

IQR: RM 71
MAD: RM 41
RM 508 PSF 4.8%

PSF Trends (2021-2025)

PROPERTY TYPES OVERVIEW

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.

Area Location

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DESA AIRMAS, Timur Laut, Penang

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Transactions

3 properties grouped by size

550 sqft
1 units Low-Cost Flat
RM 200,000
538 sqft · RM 372.00 PSF
Jan 2021
1,000 sqft
2 units Flat
RM 520,000
980 sqft · RM 531.00 PSF
Dec 2021
RM 498,000
980 sqft · RM 508.00 PSF
Dec 2021