Area Intelligence

DESA GREEN

2 properties
2021
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Median Price
RM 288,000
PSF: RM 410

Residential Market

Median Price

RM 288,000

IQR: RM 116
MAD: RM 51
RM 410 PSF 3.2%

PSF Trends (2021-2025)

PROPERTY TYPES OVERVIEW

DESA GREEN in Timur Laut, Penang recorded 2 subsale transactions in 2021, with a median price of RM 288K and a median price per square foot (PSF) of RM 410.

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 288K, with most transactions falling within a stable range of RM 226K to RM 350K, and a typical market range of RM 246K to RM 331K.

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

Price per square foot shows a median of RM 410, though individual units vary from RM 319 to RM 500 in the core range. The broader market spans RM 351.50 to RM 467.50, indicating diverse property characteristics. The spread of RM 116.00 (IQR) and deviation of RM 91 (MAD) suggest moderate price variations reflecting different property features.

Overall, the market in this area appears stable with consistent appreciation, making it an attractive option for both investors and homebuyers. Moderate price stability provides a balanced market for both buyers and sellers. Limited transaction history suggests carefully evaluating comparable sales data.

Area Location

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DESA GREEN, Timur Laut, Penang

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Transactions

2 properties grouped by size

700 sqft
2 units Flat
RM 350,000
700 sqft · RM 500.00 PSF
Nov 2021
RM 226,000
709 sqft · RM 319.00 PSF
Apr 2021