DESA MAY
Residential Market
Median Price
RM 175,000
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 1 subsale transactions in 2021, with a median price of RM 175K and a median price per square foot (PSF) of RM 332.
This area consists exclusively of residential properties, with no commercial listings recorded.
Price remained flat, and PSF growth was PSF remained flat.
Most transactions involved low-cost flat, with minimal variety in property types.
For price per square foot, the median is RM 332, with most transactions between RM 332 and RM 332. The usual range is RM 314.88 to RM 349.13, 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.
Filter by type, year, price, and size
Transactions
1 properties grouped by size
| Road | Price | PSF | Size | Date | Type |
|---|
|
RM 175,000
|
RM 332.00
|
527 sqft
|
Aug 2021
|