Area Intelligence

DESA PINANG 2

63 properties
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Median Price
RM 245,000
PSF: RM 417

Residential Market

Median Price

RM 245,000

IQR: RM 65
MAD: RM 31
RM 417 PSF 3.8%

PSF Trends (2021-2025)

DESA PINANG 2 in Timur Laut, Penang recorded 63 subsale transactions between 2021 and 2025, with a median price of RM 245K and a median price per square foot (PSF) of RM 417.

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 245K, with most transactions falling within a stable range of RM 220K to RM 270K, and a typical market range of RM 220K to RM 270K.

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

For price per square foot, the median is RM 417, with most transactions between RM 386 and RM 448. The usual range is RM 384.50 to RM 449.50, showing that most units are priced quite close to each other. With an IQR of RM 65.00 and MAD of RM 31, 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. Moderate transaction volume may require patience when buying or selling.

Area Location

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DESA PINANG 2, Timur Laut, Penang

OSM

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Transactions

63 properties grouped by size

550 sqft
18 units (showing 6) Low-Cost Flat
RM 220,000
527 sqft · RM 417.00 PSF
Mar 2024
RM 240,000
527 sqft · RM 455.00 PSF
Dec 2023
RM 198,000
527 sqft · RM 375.00 PSF
Nov 2023
RM 210,000
527 sqft · RM 398.00 PSF
Oct 2023
RM 220,000
527 sqft · RM 417.00 PSF
Sep 2023
RM 160,000
527 sqft · RM 303.00 PSF
Aug 2023
600 sqft
45 units (showing 6) Low-Cost Flat
RM 220,000
614 sqft · RM 359.00 PSF
Feb 2025
RM 260,000
614 sqft · RM 424.00 PSF
Jun 2024
RM 330,000
614 sqft · RM 538.00 PSF
Jun 2024
RM 275,000
614 sqft · RM 448.00 PSF
Jun 2024
RM 225,000
614 sqft · RM 367.00 PSF
May 2024
RM 275,000
614 sqft · RM 448.00 PSF
May 2024