DESA MAR VISTA

DESA MAR VISTA in Timur Laut, Penang recorded 3 subsale transactions in 2024, with a median price of RM 384K and a median price per square foot (PSF) of RM 437.

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 384K, with most transactions falling within a stable range of RM 362K to RM 416K, and a typical market range of RM 362K to RM 436K.

Most transactions involved condominium/apartment, with minimal variety in property types.

The median PSF stands at RM 437, with core pricing between RM 376 and RM 498. Market pricing typically extends from RM 407.38 to RM 466.63, reflecting moderate variation in unit pricing. With an IQR of RM 59.25 and MAD of RM 61, 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. Moderate price stability provides a balanced market for both buyers and sellers. Limited transaction history suggests carefully evaluating comparable sales data.