Area Intelligence

DESA PINANG 2

45 properties
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Median Price
RM 260,000
PSF: RM 424

Residential Market

Median Price

RM 260,000

IQR: RM 65
MAD: RM 31
RM 424 PSF 3.8%

PSF Trends (2021-2025)

DESA PINANG 2 in Timur Laut, Penang recorded 45 subsale transactions between 2021 and 2025, with a median price of RM 260K and a median price per square foot (PSF) of RM 424.

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 260K, with most transactions falling within a stable range of RM 230K to RM 290K, and a typical market range of RM 235K to RM 285K.

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

The median PSF stands at RM 424, with core pricing between RM 375 and RM 473. Market pricing typically extends from RM 391.50 to RM 456.50, reflecting moderate variation in unit pricing. With an IQR of RM 65.00 and MAD of RM 49, 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

45 properties grouped by size

600 sqft
45 units (showing 6) Low-Cost Flat
RM 220,000
614 sqft · RM 359.00 PSF
Feb 2025
RM 260,000
614 sqft · RM 424.00 PSF
Jun 2024
RM 330,000
614 sqft · RM 538.00 PSF
Jun 2024
RM 275,000
614 sqft · RM 448.00 PSF
Jun 2024
RM 225,000
614 sqft · RM 367.00 PSF
May 2024
RM 275,000
614 sqft · RM 448.00 PSF
May 2024