Area Intelligence

DESA IXORA

12 properties
2024
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Median Price
RM 147,500
PSF: RM 293

Residential Market

Median Price

RM 147,500

IQR: RM 47
MAD: RM 22
RM 293 PSF 6.3%

PSF Trends (2021-2025)

PROPERTY TYPES OVERVIEW

DESA IXORA in Timur Laut, Penang recorded 12 subsale transactions in 2024, with a median price of RM 148K and a median price per square foot (PSF) of RM 293.

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 148K, with most transactions falling within a stable range of RM 133K to RM 162K, and a typical market range of RM 136K to RM 159K.

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

The median PSF stands at RM 293, with core pricing between RM 264 and RM 322. Market pricing typically extends from RM 269.50 to RM 316.50, reflecting moderate variation in unit pricing. With an IQR of RM 47.00 and MAD of RM 29, 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.

Area Location

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DESA IXORA, Timur Laut, Penang

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Transactions

12 properties grouped by size

500 sqft
12 units (showing 6)
RM 145,000
Low-Cost Flat
506 sqft · RM 287.00 PSF
Nov 2024
RM 170,000
Flat
506 sqft · RM 336.00 PSF
Sep 2024
RM 150,000
Low-Cost Flat
506 sqft · RM 297.00 PSF
Aug 2024
RM 160,000
Low-Cost Flat
506 sqft · RM 316.00 PSF
Jul 2024
RM 176,000
Low-Cost Flat
506 sqft · RM 348.00 PSF
Jul 2024
RM 150,000
Low-Cost Flat
506 sqft · RM 297.00 PSF
Jul 2024