DESA IXORA

DESA IXORA in Timur Laut, Penang recorded 10 subsale transactions in 2022, with a median price of RM 139K and a median price per square foot (PSF) of RM 276.

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 139K, with most transactions falling within a stable range of RM 129K to RM 149K, and a typical market range of RM 127K to RM 150K.

Most transactions involved low-cost flat, with minimal variety in property types.

For price per square foot, the median is RM 276, with most transactions between RM 256 and RM 296. The usual range is RM 252.50 to RM 299.50, showing that most units are priced quite close to each other. A typical spread (IQR) of RM 47.00 and an average deviation (MAD) of RM 20 indicate a highly stable PSF trend across properties.

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.