Desa Pinang 2

Jelutong, Pulau Pinang, Malaysia

Property Transactions

2 subsales grouped by size

Median
RM260,000
PSF
RM424
Price Size
Period
transactions middle 50% (P25–P75)
600 sqft
LC Flat
RM200,000
Level 13
614 sqft · RM326 PSF
RM320,000
Level 7
614 sqft · RM522 PSF
Legend Recent Highest Price Highest PSF

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Market Snapshot

Residential

RM260,000

RM424 psf

Median transaction price

High

Does DESA PINANG 2 rent out well?

Gross yield, median rent and sale psf — worked out from transacted prices and asking rents.

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Desa Pinang 2
© OpenStreetMap · CARTO

Desa Pinang 2, Jelutong, Pulau Pinang, Malaysia

Maps

Desa Pinang 2 in Timur Laut, Penang recorded 2 subsale transactions between 2021 and 2026, with a median price of RM260K and a median price per square foot (PSF) of RM424.

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 RM260K, with most transactions falling within a stable range of RM200K to RM320K, and a typical market range of RM235K to RM285K.

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

Price per square foot shows a median of RM424, though individual units vary from RM326 to RM522 in the core range. The broader market spans RM387.50 to RM460.50, indicating diverse property characteristics. The spread of RM73.00 (IQR) and deviation of RM98 (MAD) suggest moderate price variations reflecting different property features.

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.