Desa Selatan in Timur Laut, Penang recorded 3 subsale transactions in 2023, with a median price of RM350K and a median price per square foot (PSF) of RM500.

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 RM350K, with most transactions falling within a stable range of RM326K to RM350K, and a typical market range of RM330K to RM350K.

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

For price per square foot, the median is RM500, with most transactions between RM467 and RM534. The usual range is RM471.50 to RM529.00, showing that most units are priced quite close to each other. With an IQR of RM57.50 and MAD of RM34, 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.