Desa Pinang 2

Jelutong, Pulau Pinang, Malaysia

Property Transactions

33 subsales grouped by size

Median
RM240,000
PSF
RM417
Price Size
Period
transactions middle 50% (P25–P75)
550 sqft
LC Flat
RM240,000
Level 3
527 sqft · RM455 PSF
RM198,000
Level 9
527 sqft · RM375 PSF
RM210,000
Level 3
527 sqft · RM398 PSF
RM220,000
Level 4
527 sqft · RM417 PSF
RM160,000
Level 5
527 sqft · RM303 PSF
RM245,000
Level 10
527 sqft · RM465 PSF
+6 more
600 sqft
LC Flat
RM255,000
Level 21
614 sqft · RM416 PSF
RM237,000
Level 20
614 sqft · RM386 PSF
RM230,000
Level 12
614 sqft · RM375 PSF
RM268,000
Level 11
614 sqft · RM437 PSF
RM280,000
Level 9
614 sqft · RM456 PSF
RM238,000
Level 6
614 sqft · RM388 PSF
+15 more
Legend Recent Highest Price Highest PSF

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Market Snapshot

Residential

RM240,000

RM417 psf

Median transaction price

High

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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 33 subsale transactions in 2023, with a median price of RM240K 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 RM240K, with most transactions falling within a stable range of RM207K to RM273K, and a typical market range of RM215K to RM265K.

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

The median PSF stands at RM417, with core pricing between RM375 and RM459. 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 RM42, 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.