DESA IXORA

DESA IXORA in Timur Laut, Penang recorded 11 subsale transactions in 2023, with a median price of RM 125K and a median price per square foot (PSF) of RM 247.

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 125K, with most transactions falling within a stable range of RM 106K to RM 144K, and a typical market range of RM 113K to RM 137K.

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

The median PSF stands at RM 247, with core pricing between RM 209 and RM 285. Market pricing typically extends from RM 223.50 to RM 270.50, reflecting moderate variation in unit pricing. The spread of RM 47.00 (IQR) and deviation of RM 38 (MAD) suggest moderate price variations reflecting different property features.

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.