Area Intelligence

DESA PINANG 2

18 properties
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Median Price
RM 215,000
PSF: RM 408

Residential Market

Median Price

RM 215,000

IQR: RM 65
MAD: RM 31
RM 408 PSF 3.8%

PSF Trends (2021-2025)

DESA PINANG 2 in Timur Laut, Penang recorded 18 subsale transactions between 2021 and 2025, with a median price of RM 215K and a median price per square foot (PSF) of RM 408.

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 215K, with most transactions falling within a stable range of RM 190K to RM 240K, and a typical market range of RM 190K to RM 240K.

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

The median PSF stands at RM 408, with core pricing between RM 360 and RM 455. Market pricing typically extends from RM 375.00 to RM 440.00, reflecting moderate variation in unit pricing. With an IQR of RM 65.00 and MAD of RM 47, 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. Limited transaction history suggests carefully evaluating comparable sales data.

Area Location

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DESA PINANG 2, Timur Laut, Penang

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Transactions

18 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