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

3 subsales grouped by size

Median
RM299,000
PSF
RM421

Property Type

Price Size
Period
transactions middle 50% (P25–P75)
500 sqft
LC Flat
RM150,000
Level 10
506 sqft · RM297 PSF
700 sqft
Flat
RM340,000
Level 17
710 sqft · RM479 PSF
RM299,000
Level 15
710 sqft · RM421 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

Maps

Pangsapuri Desa Mas Melur in Timur Laut, Penang recorded 3 subsale transactions in 2024, with a median price of RM299K and a median price per square foot (PSF) of RM421.

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 RM299K, with most transactions falling within a stable range of RM217K to RM340K, and a typical market range of RM241K to RM340K.

Most transactions involved flats, though some variety exists in the market.

The median PSF stands at RM421, with core pricing between RM345 and RM497. Market pricing typically extends from RM387.88 to RM453.88, reflecting moderate variation in unit pricing. The spread of RM66.00 (IQR) and deviation of RM76 (MAD) suggest moderate price variations reflecting different property features.

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.