DESA MESRA
Residential Market
Median Price
RM 620,000
PSF Trends (2021-2025)
PROPERTY TYPES OVERVIEW
Single Storey Terraced
6 properties
Median Price
RM 232,500
+32.7% CAGR
Median PSF
RM 139.75
-5.2% CAGR
Condo/Apartment
4 properties
Median Price
RM 585,000
-8.7% CAGR
Median PSF
RM 516.00
+3.2% CAGR
Flat
1 properties
Median Price
RM 650,000
Median PSF
RM 539.00
Property Type | Properties | Median Price | Price CAGR | Median PSF | PSF CAGR | |
---|---|---|---|---|---|---|
Single Storey Terraced | 6 |
RM 232,500
±49K MAD
|
+32.73% |
RM 139.75
±10 MAD
|
-5.24% | |
Condo/Apartment | 4 |
RM 585,000
±35K MAD
|
-8.71% |
RM 516.00
±32 MAD
|
+3.20% | |
Flat | 1 |
RM 650,000
|
- |
RM 539.00
|
- |
DESA MESRA in Timur Laut, Penang recorded 5 subsale transactions between 2021 and 2025, with a median price of RM 620K and a median price per square foot (PSF) of RM 516.
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 RM 620K, with most transactions falling within a stable range of RM 585K to RM 655K, and a typical market range of RM 588K to RM 653K.
Most transactions involved condominium/apartment, though some variety exists in the market.
For price per square foot, the median is RM 516, with most transactions between RM 493 and RM 539. The usual range is RM 493.00 to RM 539.00, showing that most units are priced quite close to each other. A typical spread (IQR) of RM 46.00 and an average deviation (MAD) of RM 23 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.
Filter by type, year, price, and size
Transactions
5 properties grouped by size
Road | Price | PSF | Size | Date | Type |
---|
RM 550,000
|
RM 516.00
|
1,066 sqft
|
Jul 2024
|
||
RM 585,000
|
RM 549.00
|
1,066 sqft
|
Jun 2023
|
RM 650,000
|
RM 539.00
|
1,206 sqft
|
May 2024
|
RM 620,000
|
RM 476.00
|
1,302 sqft
|
Jan 2022
|
RM 700,000
|
RM 493.00
|
1,421 sqft
|
Apr 2022
|