Desa Indah

Bayan Lepas, Pulau Pinang, Malaysia

Property Transactions

2 subsales found

Median
RM205,000
PSF
RM312
Price Size
Period
transactions middle 50% (P25–P75)
RM180,000
Level 8
657 sqft RM274 PSF
RM230,000
Level 16
657 sqft RM350 PSF
Legend Recent Highest Price Highest PSF

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Market Snapshot

Residential

RM205,000

RM312 psf

Median transaction price

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Desa Indah, Bayan Lepas, Pulau Pinang, Malaysia

Maps

Desa Indah in Timur Laut, Penang recorded 2 subsale transactions in 2021, with a median price of RM205K and a median price per square foot (PSF) of RM312.

This area contains both residential and commercial properties. View 66 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 RM205K, with most transactions falling within a stable range of RM180K to RM230K, and a typical market range of RM180K to RM230K.

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

The median PSF stands at RM312, with core pricing between RM274 and RM350. Market pricing typically extends from RM234.96 to RM389.46, reflecting moderate variation in unit pricing. With an IQR of RM154.50 and MAD of RM38, the PSF demonstrates reasonable consistency across the market.

While the area has shown positive growth trends, price variations suggest a more dynamic market. This presents opportunities for investors comfortable with moderate volatility. Some price volatility exists, making thorough market research essential before transacting. Limited transaction history suggests carefully evaluating comparable sales data.