Area Intelligence

DESAMAS MELUR

4 properties
Flat
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Median Price
RM 310,000
PSF: RM 436

Residential Market

Median Price

RM 310,000

IQR: RM 29
MAD: RM 28
RM 436 PSF 0.1%

PSF Trends (2021-2025)

PROPERTY TYPES OVERVIEW

DESAMAS MELUR in Timur Laut, Penang recorded 4 Flat properties subsale transactions between 2021 and 2025 for flat properties, with a median price of RM 310K and a median price per square foot (PSF) of RM 436.

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 310K, with most transactions falling within a stable range of RM 299K to RM 327K, and a typical market range of RM 300K to RM 321K.

Within the Flat category, flats dominated the market, though some variety exists in the market.

For price per square foot, the median is RM 436, with most transactions between RM 412 and RM 460. The usual range is RM 421.50 to RM 450.50, showing that most units are priced quite close to each other. A typical spread (IQR) of RM 29.00 and an average deviation (MAD) of RM 24 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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DESAMAS MELUR, Timur Laut, Penang

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Transactions

4 properties grouped by size

700 sqft
4 units Flat
RM 340,000
710 sqft · RM 479.00 PSF
Jul 2024
RM 299,000
710 sqft · RM 421.00 PSF
Apr 2024
RM 320,000
710 sqft · RM 450.00 PSF
Aug 2023
RM 300,000
710 sqft · RM 422.00 PSF
Nov 2022