DESA AIRMAS

DESA AIRMAS in Timur Laut, Penang recorded 7 subsale transactions in 2023, with a median price of RM 550K and a median price per square foot (PSF) of RM 561.

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 550K, with most transactions falling within a stable range of RM 418K to RM 607K, and a typical market range of RM 490K to RM 607K.

Most transactions involved flats, though some variety exists in the market.

The median PSF stands at RM 561, with core pricing between RM 479 and RM 643. Market pricing typically extends from RM 525.63 to RM 596.38, reflecting moderate variation in unit pricing. With an IQR of RM 70.75 and MAD of RM 82, 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.