DESA MAY
Residential Market
Median Price
RM 180,000
PSF Trends (2021-2025)
PROPERTY TYPES OVERVIEW
Low-Cost Flat
9 properties
Median Price
RM 183,250
+2.8% CAGR
Median PSF
RM 347.25
+2.7% CAGR
Flat
1 properties
Median Price
RM 150,000
Median PSF
RM 284.00
Property Type | Properties | Median Price | Price CAGR | Median PSF | PSF CAGR | |
---|---|---|---|---|---|---|
Low-Cost Flat | 9 |
RM 183,250
±5K MAD
|
+2.78% |
RM 347.25
±10 MAD
|
+2.74% | |
Flat | 1 |
RM 150,000
|
- |
RM 284.00
|
- |
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.
Filter by type, year, price, and size
Transactions
10 properties grouped by size
Road | Price | PSF | Size | Date | Type |
---|
RM 200,000
|
RM 379.00
|
527 sqft
|
Sep 2024
|
Low-Cost Flat | |
RM 180,000
|
RM 341.00
|
527 sqft
|
Apr 2024
|
Low-Cost Flat | |
RM 190,000
|
RM 360.00
|
527 sqft
|
Jan 2024
|
Low-Cost Flat | |
RM 168,000
|
RM 319.00
|
527 sqft
|
Dec 2023
|
Low-Cost Flat | |
RM 218,000
|
RM 413.00
|
527 sqft
|
Dec 2023
|
Low-Cost Flat | |
RM 150,000
|
RM 284.00
|
527 sqft
|
Oct 2023
|
Flat |