Penang
Timur Laut
Georgetown
DESA PINANG 2

Area Intelligence

Georgetown, Timur Laut, Penang

DESA PINANG 2

33 properties

2023

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Median Price

RM 240,000

PSF: RM 417

Residential Market

Median Price

RM 240,000

IQR: RM 65

MAD: RM 31

RM 417 PSF 3.8%

PSF Trends (2021-2025)

DESA PINANG 2 in Timur Laut, Penang recorded 33 subsale transactions in 2023, with a median price of RM 240K 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 240K, with most transactions falling within a stable range of RM 207K to RM 273K, and a typical market range of RM 215K to RM 265K.

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

The median PSF stands at RM 417, with core pricing between RM 375 and RM 459. Market pricing typically extends from RM 384.50 to RM 449.50, reflecting moderate variation in unit pricing. With an IQR of RM 65.00 and MAD of RM 42, 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

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Transactions

33 properties found

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Grouped Individual

Low-Cost Flat

RM 255,000

614 sqft Dec 2023

RM 416.00 PSF

Low-Cost Flat

RM 237,000

614 sqft Dec 2023

RM 386.00 PSF

Low-Cost Flat

RM 230,000

614 sqft Dec 2023

RM 375.00 PSF

Low-Cost Flat

RM 268,000

614 sqft Dec 2023

RM 437.00 PSF

Low-Cost Flat

RM 240,000

527 sqft Dec 2023

RM 455.00 PSF

Low-Cost Flat

RM 198,000

527 sqft Nov 2023

RM 375.00 PSF

Low-Cost Flat

RM 280,000

614 sqft Oct 2023

RM 456.00 PSF

Low-Cost Flat

RM 238,000

614 sqft Oct 2023

RM 388.00 PSF

Low-Cost Flat

RM 270,000

614 sqft Oct 2023

RM 440.00 PSF

Low-Cost Flat

RM 270,000

614 sqft Oct 2023

RM 440.00 PSF

Low-Cost Flat

RM 210,000

527 sqft Oct 2023

RM 398.00 PSF

Low-Cost Flat

RM 300,000

614 sqft Sep 2023

RM 489.00 PSF

Low-Cost Flat

RM 228,000

614 sqft Sep 2023

RM 372.00 PSF

Low-Cost Flat

RM 230,000

614 sqft Sep 2023

RM 375.00 PSF

Low-Cost Flat

RM 220,000

527 sqft Sep 2023

RM 417.00 PSF

Low-Cost Flat

RM 160,000

527 sqft Aug 2023

RM 303.00 PSF

Low-Cost Flat

RM 240,000

614 sqft Aug 2023

RM 391.00 PSF

Low-Cost Flat

RM 270,000

614 sqft Aug 2023

RM 440.00 PSF

Low-Cost Flat

RM 245,000

527 sqft Jul 2023

RM 465.00 PSF

Low-Cost Flat

RM 280,000

614 sqft Jun 2023

RM 456.00 PSF

Low-Cost Flat

RM 270,000

614 sqft Jun 2023

RM 440.00 PSF

Low-Cost Flat

RM 245,000

614 sqft Jun 2023

RM 399.00 PSF

Low-Cost Flat

RM 188,000

527 sqft Jun 2023

RM 356.00 PSF

Low-Cost Flat

RM 300,000

614 sqft May 2023

RM 489.00 PSF

Low-Cost Flat

RM 260,000

614 sqft May 2023

RM 424.00 PSF

Low-Cost Flat

RM 278,000

614 sqft May 2023

RM 453.00 PSF

Low-Cost Flat

RM 220,000

527 sqft May 2023

RM 417.00 PSF

Low-Cost Flat

RM 245,000

614 sqft Apr 2023

RM 399.00 PSF

Low-Cost Flat

RM 230,000

527 sqft Apr 2023

RM 436.00 PSF

Low-Cost Flat

RM 285,000

614 sqft Mar 2023

RM 465.00 PSF

Low-Cost Flat

RM 230,000

527 sqft Feb 2023

RM 436.00 PSF

Low-Cost Flat

RM 220,000

527 sqft Jan 2023

RM 417.00 PSF

Low-Cost Flat

RM 175,000

527 sqft Jan 2023

RM 332.00 PSF

Type	Price	PSF	Area	Date
Low-Cost Flat	RM 255,000	RM 416.00	614 sqft	Dec 2023
Low-Cost Flat	RM 237,000	RM 386.00	614 sqft	Dec 2023
Low-Cost Flat	RM 230,000	RM 375.00	614 sqft	Dec 2023
Low-Cost Flat	RM 268,000	RM 437.00	614 sqft	Dec 2023
Low-Cost Flat	RM 240,000	RM 455.00	527 sqft	Dec 2023
Low-Cost Flat	RM 198,000	RM 375.00	527 sqft	Nov 2023
Low-Cost Flat	RM 280,000	RM 456.00	614 sqft	Oct 2023
Low-Cost Flat	RM 238,000	RM 388.00	614 sqft	Oct 2023
Low-Cost Flat	RM 270,000	RM 440.00	614 sqft	Oct 2023
Low-Cost Flat	RM 270,000	RM 440.00	614 sqft	Oct 2023
Low-Cost Flat	RM 210,000	RM 398.00	527 sqft	Oct 2023
Low-Cost Flat	RM 300,000	RM 489.00	614 sqft	Sep 2023
Low-Cost Flat	RM 228,000	RM 372.00	614 sqft	Sep 2023
Low-Cost Flat	RM 230,000	RM 375.00	614 sqft	Sep 2023
Low-Cost Flat	RM 220,000	RM 417.00	527 sqft	Sep 2023
Low-Cost Flat	RM 160,000	RM 303.00	527 sqft	Aug 2023
Low-Cost Flat	RM 240,000	RM 391.00	614 sqft	Aug 2023
Low-Cost Flat	RM 270,000	RM 440.00	614 sqft	Aug 2023
Low-Cost Flat	RM 245,000	RM 465.00	527 sqft	Jul 2023
Low-Cost Flat	RM 280,000	RM 456.00	614 sqft	Jun 2023
Low-Cost Flat	RM 270,000	RM 440.00	614 sqft	Jun 2023
Low-Cost Flat	RM 245,000	RM 399.00	614 sqft	Jun 2023
Low-Cost Flat	RM 188,000	RM 356.00	527 sqft	Jun 2023
Low-Cost Flat	RM 300,000	RM 489.00	614 sqft	May 2023
Low-Cost Flat	RM 260,000	RM 424.00	614 sqft	May 2023
Low-Cost Flat	RM 278,000	RM 453.00	614 sqft	May 2023
Low-Cost Flat	RM 220,000	RM 417.00	527 sqft	May 2023
Low-Cost Flat	RM 245,000	RM 399.00	614 sqft	Apr 2023
Low-Cost Flat	RM 230,000	RM 436.00	527 sqft	Apr 2023
Low-Cost Flat	RM 285,000	RM 465.00	614 sqft	Mar 2023
Low-Cost Flat	RM 230,000	RM 436.00	527 sqft	Feb 2023
Low-Cost Flat	RM 220,000	RM 417.00	527 sqft	Jan 2023
Low-Cost Flat	RM 175,000	RM 332.00	527 sqft	Jan 2023