Desa Rahmat

23, Hilir Paya Terubong 5, Taman Relau Jaya, 11900 Bayan Lepas, Penang, Malaysia

Property Transactions

2 subsales found

Median
RM407,500
PSF
RM321
Price Size
Period
transactions middle 50% (P25–P75)
RM495,000
Level 2
1,270 sqft RM390 PSF
RM320,000
Level 2
1,270 sqft RM252 PSF
Legend Recent Highest Price Highest PSF

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23, Hilir Paya Terubong 5, Taman Relau Jaya, 11900 Bayan Lepas, Penang, Malaysia

Maps

Desa Rahmat in Timur Laut, Penang recorded 2 subsale transactions between 2021 and 2026, sized between 1,225 and 1,274 sqft, with a median price of RM408K and a median price per square foot (PSF) of RM321.

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

Price remained flat, and PSF growth was PSF remained flat. The median price is RM408K, with most transactions falling within a stable range of RM320K to RM495K, and a typical market range of RM364K to RM451K.

Most transactions involved office lot, with minimal variety in property types.

Price per square foot shows a median of RM321, though individual units vary from RM252 to RM390 in the core range. The broader market spans RM286.33 to RM355.33, indicating diverse property characteristics. The spread of RM69.00 (IQR) and deviation of RM69 (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. Moderate price stability provides a balanced market for both buyers and sellers. Limited transaction history suggests carefully evaluating comparable sales data.