Area Intelligence

DESA MAY

10 properties
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Median Price
RM 180,000
PSF: RM 341

Residential Market

Median Price

RM 180,000

IQR: RM 34
MAD: RM 21
RM 341 PSF 2.7%

PSF Trends (2021-2025)

PROPERTY TYPES OVERVIEW

DESA MAY in Timur Laut, Penang recorded 10 subsale transactions between 2021 and 2025, with a median price of RM 180K and a median price per square foot (PSF) of RM 341.

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 180K, with most transactions falling within a stable range of RM 169K to RM 191K, and a typical market range of RM 171K to RM 189K.

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

For price per square foot, the median is RM 341, with most transactions between RM 321 and RM 362. The usual range is RM 323.88 to RM 358.13, showing that most units are priced quite close to each other. A typical spread (IQR) of RM 34.25 and an average deviation (MAD) of RM 21 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.

Area Location

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DESA MAY, Timur Laut, Penang

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Transactions

10 properties grouped by size

550 sqft
10 units (showing 6)
RM 200,000
Low-Cost Flat
527 sqft · RM 379.00 PSF
Sep 2024
RM 180,000
Low-Cost Flat
527 sqft · RM 341.00 PSF
Apr 2024
RM 190,000
Low-Cost Flat
527 sqft · RM 360.00 PSF
Jan 2024
RM 168,000
Low-Cost Flat
527 sqft · RM 319.00 PSF
Dec 2023
RM 218,000
Low-Cost Flat
527 sqft · RM 413.00 PSF
Dec 2023
RM 150,000
Flat
527 sqft · RM 284.00 PSF
Oct 2023