Desa Pinang 2

Jelutong, Pulau Pinang, Malaysia

Property Transactions

11 subsales grouped by size

Median
RM250,000
PSF
RM417
Price Size
Period
transactions middle 50% (P25–P75)
550 sqft
LC Flat
RM175,000
Level 12
527 sqft · RM332 PSF
RM175,000
Level 4
527 sqft · RM332 PSF
RM220,000
Level 1
527 sqft · RM417 PSF
RM175,000
Level 7
527 sqft · RM332 PSF
600 sqft
LC Flat
RM250,000
Level 2
614 sqft · RM407 PSF
RM280,000
Level 15
614 sqft · RM456 PSF
RM185,000
Level 5
614 sqft · RM302 PSF
RM270,000
Level 22
614 sqft · RM440 PSF
RM260,000
Level 20
614 sqft · RM424 PSF
RM300,000
Level 21
614 sqft · RM489 PSF
RM280,000
Level 10
614 sqft · RM456 PSF
Legend Recent Highest Price Highest PSF

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Market Snapshot

Residential

RM250,000

RM417 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 11 subsale transactions in 2022, with a median price of RM250K and a median price per square foot (PSF) of RM417.

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 RM250K, with most transactions falling within a stable range of RM203K to RM297K, and a typical market range of RM225K to RM275K.

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

The median PSF stands at RM417, with core pricing between RM357 and RM478. Market pricing typically extends from RM380.62 to RM453.62, reflecting moderate variation in unit pricing. With an IQR of RM73.00 and MAD of RM61, 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.