Desa Rahmat (Graceland Villa)

Jalan Bukit Jambul, Taman Desa Rahmat, 11900 Bayan Lepas, Pulau Pinang, Malaysia

Property Transactions

5 subsales grouped by size

Median
RM250,000
PSF
RM357
Price Size
Period
transactions middle 50% (P25–P75)
700 sqft
Flat
RM240,000
Level 13
700 sqft · RM343 PSF
RM250,000
Level 8
700 sqft · RM357 PSF
RM278,000
Level 3
710 sqft · RM391 PSF
RM320,000
Level 10
710 sqft · RM450 PSF
RM245,000
Level 5
710 sqft · RM345 PSF
Legend Recent Highest Price Highest PSF

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Market Snapshot

Residential

RM250,000

RM357 psf

Median transaction price

Desa Rahmat (Graceland Villa)
© OpenStreetMap · CARTO

Jalan Bukit Jambul, Taman Desa Rahmat, 11900 Bayan Lepas, Pulau Pinang, Malaysia

Maps

Desa Rahmat (Graceland Villa) in Timur Laut, Penang recorded 5 subsale transactions in 2022, with a median price of RM250K and a median price per square foot (PSF) of RM357.

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 RM250K, with most transactions falling within a stable range of RM240K to RM280K, and a typical market range of RM240K to RM278K.

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

The median PSF stands at RM357, with core pricing between RM317 and RM398. Market pricing typically extends from RM318.32 to RM396.32, reflecting moderate variation in unit pricing. With an IQR of RM78.00 and MAD of RM40, the PSF demonstrates reasonable consistency across the market.

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.