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 found

Low-Cost Flat
RM 260,000
614 sqft Jun 2022
RM 424.00 PSF
Low-Cost Flat
RM 300,000
614 sqft Apr 2022
RM 489.00 PSF
Low-Cost Flat
RM 175,000
527 sqft Apr 2022
RM 332.00 PSF
Low-Cost Flat
RM 280,000
614 sqft Mar 2022
RM 456.00 PSF
Low-Cost Flat
RM 215,000
614 sqft Dec 2021
RM 350.00 PSF
Low-Cost Flat
RM 270,000
614 sqft Dec 2021
RM 440.00 PSF
Low-Cost Flat
RM 260,000
614 sqft Dec 2021
RM 424.00 PSF
Low-Cost Flat
RM 250,000
614 sqft Nov 2021
RM 407.00 PSF
Low-Cost Flat
RM 200,000
527 sqft Nov 2021
RM 379.00 PSF
Low-Cost Flat
RM 210,000
614 sqft Oct 2021
RM 342.00 PSF
Low-Cost Flat
RM 253,000
614 sqft Aug 2021
RM 412.00 PSF
Low-Cost Flat
RM 200,000
614 sqft Jul 2021
RM 326.00 PSF
Low-Cost Flat
RM 230,000
614 sqft Mar 2021
RM 375.00 PSF