Pangsapuri Desa Mas Melur

Pangsapuri Desamas Melur, Desamas Melur, Block 6 & Block 8 Lintang Relau, 1, Pangsapuri Desa Mas Melur, Jln Paya Terubung, Relau, 11900 Bayan Lepas, Penang, Malaysia

Property Transactions

2 subsales grouped by size

Median
RM159,000
PSF
RM314

Property Type

Price Size
Period
transactions middle 50% (P25–P75)
500 sqft
LC Flat
RM168,000
Level 4
506 sqft · RM332 PSF
RM150,000
Level 10
506 sqft · RM297 PSF
Legend Recent Highest Price Highest PSF

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Pangsapuri Desamas Melur, Desamas Melur, Block 6 & Block 8 Lintang Relau, 1, Pangsapuri Desa Mas Melur, Jln Paya Terubung, Relau, 11900 Bayan Lepas, Penang, Malaysia

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Pangsapuri Desa Mas Melur in Timur Laut, Penang recorded 2 Low-Cost Flat properties subsale transactions between 2021 and 2026, with a median price of RM159K and a median price per square foot (PSF) of RM314.

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 RM159K, with most transactions falling within a stable range of RM150K to RM168K, and a typical market range of RM150K to RM168K.

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

For price per square foot, the median is RM314, with most transactions between RM297 and RM332. The usual range is RM281.25 to RM347.25, showing that most units are priced quite close to each other. With an IQR of RM66.00 and MAD of RM18, 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.