Area Intelligence

DESA PINANG 1

5 properties
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Median Price
RM 242,000
PSF: RM 394

Residential Market

Median Price

RM 242,000

IQR: RM 54
MAD: RM 13
RM 394 PSF 2.6%

PSF Trends (2021-2025)

DESA PINANG 1 in Timur Laut, Penang recorded 5 subsale transactions between 2021 and 2025, with a median price of RM 242K and a median price per square foot (PSF) of RM 394.

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 242K, with most transactions falling within a stable range of RM 234K to RM 250K, and a typical market range of RM 222K to RM 250K.

Most transactions involved low-cost flat, with minimal variety in property types.

For price per square foot, the median is RM 394, with most transactions between RM 381 and RM 407. The usual range is RM 367.00 to RM 421.00, showing that most units are priced quite close to each other. With an IQR of RM 54.00 and MAD of RM 13, 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. 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.

Area Location

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DESA PINANG 1, Timur Laut, Penang

OSM

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Transactions

5 properties grouped by size

550 sqft
1 units Low-Cost Flat
RM 190,000
538 sqft · RM 353.00 PSF
Jul 2023
600 sqft
4 units Low-Cost Flat
RM 250,000
614 sqft · RM 407.00 PSF
Dec 2023
RM 242,000
614 sqft · RM 394.00 PSF
Nov 2023
RM 210,000
614 sqft · RM 342.00 PSF
Dec 2021
RM 250,000
614 sqft · RM 407.00 PSF
Dec 2021