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Selling in Desa Penaga? Homes here sold for a median of RM360,000.
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Desa Penaga
PSF median price per sq ft · 12m its change over the past 12 months
Most-traded areas in this mukim, by number of recorded subsale transactions. See every area in Jelutong
Jalan Penaga, 11600 Jelutong, Pulau Pinang, Malaysia
MapsDesa Penaga in Timur Laut, Penang recorded 0 subsale transactions in 2021, with a median price of RM360K and a median price per square foot (PSF) of RM459.
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 RM360K, with most transactions falling within a stable range of RM343K to RM378K, and a typical market range of RM344K to RM376K.
Most transactions involved flats, with minimal variety in property types.
For price per square foot, the median is RM459, with most transactions between RM433 and RM485. The usual range is RM432.50 to RM484.50, showing that most units are priced quite close to each other. With an IQR of RM52.00 and MAD of RM26, 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.