DESA MESRA
Residential Market
Median Price
RM 585,000
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 1 subsale transactions in 2023, with a median price of RM 585K and a median price per square foot (PSF) of RM 549.
This area consists exclusively of residential properties, with no commercial listings recorded.
Price remained flat, and PSF growth was PSF remained flat.
Most transactions involved condominium/apartment, though some variety exists in the market.
For price per square foot, the median is RM 549, with most transactions between RM 549 and RM 549. The usual range is RM 526.00 to RM 572.00, 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 0 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
1 properties grouped by size
| Road | Price | PSF | Size | Date | Type |
|---|
|
RM 585,000
|
RM 549.00
|
1,066 sqft
|
Jun 2023
|