DESA PENAGA

DESA PENAGA in Timur Laut, Penang recorded 4 subsale transactions in 2024, with a median price of RM 363K and a median price per square foot (PSF) of RM 454.

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 363K, with most transactions falling within a stable range of RM 309K to RM 416K, and a typical market range of RM 347K to RM 378K.

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

The median PSF stands at RM 454, with core pricing between RM 405 and RM 503. Market pricing typically extends from RM 428.00 to RM 480.00, reflecting moderate variation in unit pricing. With an IQR of RM 52.00 and MAD of RM 49, 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.