Desa Alor Vista

Lebuh Relau 4, 11900 Bayan Lepas, Pulau Pinang, Malaysia

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Market Snapshot

Residential

RM330,000

RM472 psf

Median transaction price

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Desa Alor Vista, Lebuh Relau 4, 11900 Bayan Lepas, Pulau Pinang, Malaysia

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Desa Alor Vista in Timur Laut, Penang recorded 0 subsale transactions in 2024, with a median price of RM330K and a median price per square foot (PSF) of RM472.

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 RM330K, with most transactions falling within a stable range of RM324K to RM336K, and a typical market range of RM322K to RM338K.

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

For price per square foot, the median is RM472, with most transactions between RM464 and RM480. The usual range is RM461.25 to RM482.75, showing that most units are priced quite close to each other. A typical spread (IQR) of RM21.50 and an average deviation (MAD) of RM8 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.