Area Intelligence

DESA PENAGA

1 properties
2022
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Median Price
RM 370,000
PSF: RM 452

Residential Market

Median Price

RM 370,000

IQR: RM 52
MAD: RM 26
RM 452 PSF 0.2%

PSF Trends (2021-2025)

DESA PENAGA in Timur Laut, Penang recorded 1 subsale transactions in 2022, with a median price of RM 370K and a median price per square foot (PSF) of RM 452.

This area consists exclusively of residential properties, with no commercial listings recorded.

Price remained flat, and PSF growth was PSF remained flat.

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

For price per square foot, the median is RM 452, with most transactions between RM 452 and RM 452. The usual range is RM 426.00 to RM 478.00, showing that most units are priced quite close to each other. With an IQR of RM 52.00 and MAD of RM 0, 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

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Transactions

1 properties grouped by size

800 sqft
1 units Flat
RM 370,000
818 sqft · RM 452.00 PSF
May 2022