Desa Pinang 2

Jelutong, Pulau Pinang, Malaysia

Property Transactions

9 subsales grouped by size

Median
RM230,000
PSF
RM379
Price Size
Period
transactions middle 50% (P25–P75)
550 sqft
LC Flat
RM200,000
Level 11
527 sqft · RM379 PSF
600 sqft
LC Flat
RM260,000
Level 18
614 sqft · RM424 PSF
RM270,000
Level 18
614 sqft · RM440 PSF
RM215,000
Level 20
614 sqft · RM350 PSF
RM250,000
Level 18
614 sqft · RM407 PSF
RM210,000
Level 20
614 sqft · RM342 PSF
RM253,000
Level 20
614 sqft · RM412 PSF
RM200,000
Level 13
614 sqft · RM326 PSF
RM230,000
Level 15
614 sqft · RM375 PSF
Legend Recent Highest Price Highest PSF

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Market Snapshot

Residential

RM230,000

RM379 psf

Median transaction price

High

Does DESA PINANG 2 rent out well?

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 9 subsale transactions in 2021, with a median price of RM230K and a median price per square foot (PSF) of RM379.

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 RM230K, with most transactions falling within a stable range of RM205K to RM255K, and a typical market range of RM205K to RM255K.

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

For price per square foot, the median is RM379, with most transactions between RM342 and RM416. The usual range is RM342.70 to RM415.70, showing that most units are priced quite close to each other. With an IQR of RM73.00 and MAD of RM37, 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.