DESAMAS MELUR
Residential Market
Median Price
RM 300,000
PSF Trends (2021-2025)
PROPERTY TYPES OVERVIEW
Flat
4 properties
Median Price
RM 319,500
+3.2% CAGR
Median PSF
RM 450.00
+3.3% CAGR
Low-Cost Flat
1 properties
Median Price
RM 150,000
Median PSF
RM 297.00
| Property Type | Properties | Median Price | Price CAGR | Median PSF | PSF CAGR | |
|---|---|---|---|---|---|---|
| Flat | 4 |
RM 319,500
±1K MAD
|
+3.20% |
RM 450.00
|
+3.26% | |
| Low-Cost Flat | 1 |
RM 150,000
|
- |
RM 297.00
|
- |
DESAMAS MELUR in Timur Laut, Penang recorded 1 subsale transactions in 2022, with a median price of RM 300K and a median price per square foot (PSF) of RM 422.
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 flats, though some variety exists in the market.
For price per square foot, the median is RM 422, with most transactions between RM 422 and RM 422. The usual range is RM 407.50 to RM 436.50, 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 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 300,000
|
RM 422.00
|
710 sqft
|
Nov 2022
|