DESA PINANG 2

DESA PINANG 2 in Timur Laut, Penang recorded 9 subsale transactions in 2024, 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 222K to RM 298K, 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 369 and RM 479. 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 55, 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.