Desa Pinang 1

Jelutong, Pulau Pinang, Malaysia

Property Transactions

5 subsales grouped by size

Median
RM242,000
PSF
RM394
Period
transactions middle 50% (P25–P75)
550 sqft
LC Flat
RM190,000
Level 1
538 sqft · RM353 PSF
600 sqft
LC Flat
RM250,000
Level 5
614 sqft · RM407 PSF
RM242,000
Level 3
614 sqft · RM394 PSF
RM210,000
Level 4
614 sqft · RM342 PSF
RM250,000
Level 4
614 sqft · RM407 PSF
Legend Recent Highest Price Highest PSF

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Desa Pinang 1, Jelutong, Pulau Pinang, Malaysia

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Desa Pinang 1 in Timur Laut, Penang recorded 5 subsale transactions between 2021 and 2026, with a median price of RM242K and a median price per square foot (PSF) of RM394.

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 RM242K, with most transactions falling within a stable range of RM234K to RM250K, and a typical market range of RM222K to RM250K.

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

For price per square foot, the median is RM394, with most transactions between RM381 and RM407. The usual range is RM367.43 to RM421.43, showing that most units are priced quite close to each other. With an IQR of RM54.00 and MAD of RM13, 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.