DESA AIRMAS
Residential Market
Median Price
RM 573,000
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 2024, with a median price of RM 573K and a median price per square foot (PSF) of RM 585.
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 573K, with most transactions falling within a stable range of RM 546K to RM 580K, and a typical market range of RM 520K to RM 580K.
Most transactions involved flats, though some variety exists in the market.
For price per square foot, the median is RM 585, with most transactions between RM 558 and RM 612. The usual range is RM 549.63 to RM 620.38, showing that most units are priced quite close to each other. With an IQR of RM 70.75 and MAD of RM 27, 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. 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
3 properties grouped by size
Road | Price | PSF | Size | Date | Type |
---|
RM 573,000
|
RM 585.00
|
980 sqft
|
Nov 2024
|
||
RM 520,000
|
RM 531.00
|
980 sqft
|
Jul 2024
|
||
RM 580,000
|
RM 592.00
|
980 sqft
|
May 2024
|