Desa Pinang, Bandar Sri Pinang

Desa Pinang (also known as Desa Pinang 1) is a leasehold low-cost flat located in Bandar Sri Pinang, Jelutong. There are 210 units available at this project with built-up from 580 sf to 650 sf. It was developed by IJM Land Bhd, and was completed around Oct 2004.

IJM Land Bhd is a very big-scale property developer listed on Bursa Malaysia, and it has developed about 176 property projects in Malaysia. Other similar projects by the same developer are Desa Pinang 2, Halaman 11, Pangsapuri Cempaka, Pangsapuri Dahlia, Pangsapuri Ixora, Pinang Court, Pinang Court 2 and Sanctuary Court.

Property Type
Low-Cost Flat
Land Tenure
Leasehold
Built-up
580 sf - 650 sf
Market Price
RM220,000 - RM310,000
Density
210 Units
Completed In
Oct 2004
Developer
Launch Price
-NA-

The only amenities nearby this low-cost flat are schools. Some of the schools here include SJK, SJK (C) Li Tek, SJK (T) River Road, SR Cina Li Teik Seah, SRJK (C) Li Tek 'A', Wesley International Methodist School, Wesley Methodist School Penang (International) and Wesley School.

The current rental yield of Desa Pinang is around 2.9%, compared to 3.27% a year ago in Q4 2020. The highest rental yield ever recorded was 4.54% in Q2 2020; while the lowest one was 2.9% in Q4 2021. Meanwhile, the most common unit layouts and sizes available here are as follows:

The most popular layout and size (built-up) combination at Desa Pinang is 3-bedroom / 650 sf with a median price of RM480 psf. For price wise, the most expensive one is 3-bedroom / 650 sf with a median price of RM480 psf; while the cheapest one is 2-bedroom / 580 sf with a median price of RM380 psf.

Latest Desa Pinang for sale listings:

DateTypeBuilt-upPrice
29 Nov 2021Low-Cost Flat650 sfRM310,000
20 Sep 2021Low-Cost Flat680 sfRM260,000
12 Apr 2021Low-Cost Flat650 sfRM265,000
19 Mar 2021Low-Cost Flat620 sfRM238,000
7 Jan 2021Low-Cost Flat527 sfRM210,000

Latest Desa Pinang for rent listings:

DateTypeBuilt-upRental
8 Dec 2021Low-Cost Flat700 sfRM700
1 Dec 2021Low-Cost Flat700 sfRM750
18 Nov 2021Condominium700 sfRM700
4 Aug 2021Low-Cost Flat700 sfRM750
23 May 2021Single Room-NA-RM380
9 Apr 2021Low-Cost Flat540 sfRM650
5 Apr 2021Low-Cost Flat670 sfRM1,000
30 Mar 2021Room-NA-RM320
28 Mar 2021Condominium970 sfRM950
23 Mar 2021Low-Cost Flat670 sfRM1,000
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