Area Intelligence

DESA SRI SWARNA

6 properties
2022
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Median Price
RM 160,500
PSF: RM 303

Residential Market

Median Price

RM 156,000

IQR: RM 44
MAD: RM 27
RM 308 PSF 4.5%

PSF Trends (2021-2025)

Commercial Market

Median Price

RM 190,000

RM 260 PSF

PSF Trends (2021-2025)

PROPERTY TYPES OVERVIEW

DESA SRI SWARNA in Timur Laut, Penang recorded 6 subsale transactions in 2022, with a median price of RM 161K and a median price per square foot (PSF) of RM 303.

This area contains both residential and commercial properties. View 19 residential properties or 1 commercial properties separately for more focused analysis.

Price remained flat, and PSF growth was PSF remained flat. The median price is RM 161K, with most transactions falling within a stable range of RM 136K to RM 185K, and a typical market range of RM 149K to RM 172K.

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

The median PSF stands at RM 303, with core pricing between RM 263 and RM 342. Market pricing typically extends from RM 278.00 to RM 327.00, reflecting moderate variation in unit pricing. With an IQR of RM 49.00 and MAD of RM 39, 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 SRI SWARNA, Timur Laut, Penang

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Transactions

6 properties found

Flat
RM 165,000
506 sqft Nov 2022
RM 326.00 PSF
Flat
RM 110,000
506 sqft Oct 2022
RM 217.00 PSF
Flat
RM 156,000
506 sqft Sep 2022
RM 308.00 PSF
Flat
RM 150,000
506 sqft Aug 2022
RM 297.00 PSF
Flat
RM 166,000
506 sqft Jun 2022
RM 328.00 PSF
Office Lot
RM 190,000
732 sqft Apr 2022
RM 260.00 PSF