Area Intelligence

DESA MAY

1 properties
Flat
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Median Price
RM 150,000
PSF: RM 284

Residential Market

Median Price

RM 150,000

IQR: RM 34
MAD: RM 21
RM 284 PSF 2.7%

PSF Trends (2021-2025)

PROPERTY TYPES OVERVIEW

DESA MAY in Timur Laut, Penang recorded 1 Flat properties subsale transactions between 2021 and 2025 for flat properties, with a median price of RM 150K and a median price per square foot (PSF) of RM 284.

This area consists exclusively of residential properties, with no commercial listings recorded.

Price remained flat, and PSF growth was PSF remained flat.

Within the Flat category, low-cost flat dominated the market, with minimal variety in property types.

For price per square foot, the median is RM 284, with most transactions between RM 284 and RM 284. The usual range is RM 266.88 to RM 301.13, 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 0 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

1 properties grouped by size

550 sqft
1 units Flat
RM 150,000
527 sqft · RM 284.00 PSF
Oct 2023