Area Intelligence

DESA PENAGA

6 properties
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Median Price
RM 360,000
PSF: RM 459

Residential Market

Median Price

RM 360,000

IQR: RM 52
MAD: RM 26
RM 459 PSF 0.2%

PSF Trends (2021-2025)

DESA PENAGA in Timur Laut, Penang recorded 6 subsale transactions between 2021 and 2025, with a median price of RM 360K and a median price per square foot (PSF) of RM 459.

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 360K, with most transactions falling within a stable range of RM 343K to RM 378K, and a typical market range of RM 344K to RM 376K.

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

For price per square foot, the median is RM 459, with most transactions between RM 433 and RM 485. The usual range is RM 432.50 to RM 484.50, showing that most units are priced quite close to each other. With an IQR of RM 52.00 and MAD of RM 26, 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 PENAGA, Timur Laut, Penang

OSM

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Transactions

6 properties grouped by size

700 sqft
2 units Flat
RM 305,000
689 sqft · RM 443.00 PSF
Oct 2024
RM 350,000
689 sqft · RM 508.00 PSF
Dec 2023
800 sqft
4 units Flat
RM 380,000
818 sqft · RM 465.00 PSF
Apr 2024
RM 450,000
818 sqft · RM 550.00 PSF
Mar 2024
RM 345,000
818 sqft · RM 422.00 PSF
Feb 2024
RM 370,000
818 sqft · RM 452.00 PSF
May 2022