Area Intelligence

DESA SELATAN

5 properties
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Median Price
RM 320,000
PSF: RM 457

Residential Market

Median Price

RM 320,000

IQR: RM 71
MAD: RM 28
RM 457 PSF 12.9%

PSF Trends (2021-2025)

DESA SELATAN in Timur Laut, Penang recorded 5 subsale transactions between 2021 and 2025, with a median price of RM 320K and a median price per square foot (PSF) of RM 457.

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 320K, with most transactions falling within a stable range of RM 300K to RM 340K, and a typical market range of RM 300K to RM 345K.

Most transactions involved flats, with minimal variety in property types.

For price per square foot, the median is RM 457, with most transactions between RM 429 and RM 485. The usual range is RM 421.50 to RM 492.50, showing that most units are priced quite close to each other. With an IQR of RM 71.00 and MAD of RM 28, 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.

Area Location

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DESA SELATAN, Timur Laut, Penang

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Transactions

5 properties found

Flat
RM 350,000
700 sqft Jul 2023
RM 500.00 PSF
Flat
RM 350,000
700 sqft Jun 2023
RM 500.00 PSF
Flat
RM 300,000
700 sqft May 2023
RM 429.00 PSF
Flat
RM 300,000
700 sqft Aug 2022
RM 429.00 PSF
Flat
RM 320,000
700 sqft Apr 2022
RM 457.00 PSF