Desa Pinang 2

Jelutong, Pulau Pinang, Malaysia

Property Transactions

6 subsales found

Median
RM261,500
PSF
RM426
Price Size
Period
transactions middle 50% (P25–P75)
RM200,000
Level 13
614 sqft RM326 PSF
RM320,000
Level 7
614 sqft RM522 PSF
RM248,000
Level 1
614 sqft RM404 PSF
RM275,000
Level 19
614 sqft RM448 PSF
RM300,000
Level 15
614 sqft RM489 PSF
RM220,000
Level 22
614 sqft RM359 PSF
Legend Recent Highest Price Highest PSF

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Market Snapshot

Residential

RM261,500

RM426 psf

Median transaction price

High

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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 6 subsale transactions in 2025, with a median price of RM262K and a median price per square foot (PSF) of RM426.

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 RM262K, with most transactions falling within a stable range of RM219K to RM304K, and a typical market range of RM237K to RM287K.

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

The median PSF stands at RM426, with core pricing between RM357 and RM495. Market pricing typically extends from RM389.72 to RM462.72, reflecting moderate variation in unit pricing. The spread of RM73.00 (IQR) and deviation of RM69 (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.