Area Intelligence

DESA SRI SWARNA

5 properties
2023
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Median Price
RM 170,000
PSF: RM 336

Residential Market

Median Price

RM 170,000

IQR: RM 44
MAD: RM 27
RM 336 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 5 subsale transactions in 2023, with a median price of RM 170K and a median price per square foot (PSF) of RM 336.

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 170K, with most transactions falling within a stable range of RM 156K to RM 184K, and a typical market range of RM 159K to RM 181K.

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

For price per square foot, the median is RM 336, with most transactions between RM 309 and RM 363. The usual range is RM 311.50 to RM 360.50, showing that most units are priced quite close to each other. A typical spread (IQR) of RM 49.00 and an average deviation (MAD) of RM 27 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 SRI SWARNA, Timur Laut, Penang

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Transactions

5 properties grouped by size

500 sqft
5 units Flat
RM 170,000
506 sqft · RM 336.00 PSF
Dec 2023
RM 185,000
506 sqft · RM 366.00 PSF
Oct 2023
RM 170,000
506 sqft · RM 336.00 PSF
Sep 2023
RM 145,000
506 sqft · RM 287.00 PSF
May 2023
RM 156,000
506 sqft · RM 308.00 PSF
Mar 2023