Area Intelligence

DESA RAHMAT (GRACELAND VILLA)

15 properties
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Median Price
RM 246,000
PSF: RM 352

Residential Market

Median Price

RM 246,000

IQR: RM 82
MAD: RM 38
RM 352 PSF 3.2%

PSF Trends (2021-2025)

DESA RAHMAT (GRACELAND VILLA) in Timur Laut, Penang recorded 15 subsale transactions between 2021 and 2025, with a median price of RM 246K and a median price per square foot (PSF) of RM 352.

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 246K, with most transactions falling within a stable range of RM 220K to RM 272K, and a typical market range of RM 220K to RM 276K.

Most transactions involved flats, with minimal variety in property types.

The median PSF stands at RM 352, with core pricing between RM 314 and RM 390. Market pricing typically extends from RM 311.00 to RM 393.00, reflecting moderate variation in unit pricing. With an IQR of RM 82.00 and MAD of RM 38, 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 RAHMAT (GRACELAND VILLA), Timur Laut, Penang

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Transactions

15 properties found

Flat
RM 300,000
710 sqft Jan 2025
RM 422.00 PSF
Flat
RM 246,000
700 sqft Oct 2024
RM 352.00 PSF
Flat
RM 300,000
700 sqft Sep 2024
RM 429.00 PSF
Flat
RM 230,000
700 sqft Jul 2024
RM 329.00 PSF
Flat
RM 225,000
700 sqft May 2024
RM 322.00 PSF
Flat
RM 220,000
700 sqft Jul 2023
RM 314.00 PSF
Flat
RM 230,000
700 sqft May 2023
RM 329.00 PSF
Flat
RM 320,000
700 sqft Apr 2023
RM 457.00 PSF
Flat
RM 280,000
700 sqft Mar 2023
RM 400.00 PSF
Flat
RM 240,000
700 sqft Oct 2022
RM 343.00 PSF
Flat
RM 250,000
700 sqft May 2022
RM 357.00 PSF
Flat
RM 278,000
710 sqft Apr 2022
RM 391.00 PSF
Flat
RM 320,000
710 sqft Feb 2022
RM 450.00 PSF
Flat
RM 245,000
710 sqft Jan 2022
RM 345.00 PSF
Flat
RM 220,000
710 sqft Dec 2021
RM 310.00 PSF