DESA GREEN

DESA GREEN in Timur Laut, Penang recorded 11 subsale transactions in 2024, with a median price of RM 320K and a median price per square foot (PSF) of RM 450.

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 269K to RM 371K, and a typical market range of RM 278K to RM 363K.

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

The median PSF stands at RM 450, with core pricing between RM 378 and RM 522. Market pricing typically extends from RM 392.00 to RM 508.00, reflecting moderate variation in unit pricing. The spread of RM 116.00 (IQR) and deviation of RM 72 (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. 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.