BandingHouse

Desa Ixora

Timur Laut, Penang · High-rise (condo, apartment, flat) · Freehold

Homes in Desa Ixora have sold for a median of

RM140,000

RM279 psf on the recorded floor area

RM125,500median RM140,000RM150,000

Half of the 37 recorded sales fell between RM125,500 and RM150,000. One in ten went under RM115,600, one in ten over RM165,200. Sales run from 18 September 2021 to 13 February 2026.

Up 6% from a RM139,000 median in 2022 to RM147,500 in 2024.

These are transacted prices from the land-office record, not asking prices from ads. An ad’s number is a wish; this is the record. What high-rise (condo, apartment, flat) sell for across Penang, beside what ads ask.

How to read this page

The median is the middle sale when every recorded sale here is lined up cheapest to dearest — half sold for less, half for more. The band (p25–p75) is the middle half of those sales. Neither figure is an asking price from an ad, and neither is a valuation of a specific unit. Asking vs transacted.

What kind of home, and what title

The land office groups these sales as high-rise (condo, apartment, flat) under a Freehold title. High-rise parcels are usually strata: you own the parcel plus a share of the common parts, and price per square foot is how buyers compare units of different sizes. Monthly charges and the sinking fund sit on top of the purchase price — see maintenance fee and sinking fund.

Year by year

YearMedian soldPer sq ftSales
2021RM180,000RM356 psf1
2022RM139,000RM276 psf10
2023RM125,000RM247 psf11
2024RM147,500RM293 psf12
2025RM145,000RM287 psf1
2026RM122,500RM242 psf2

A year with only a handful of sales is a handful of sales, not a trend — the movement above is drawn only between years with five or more.

Nearby, and where this one sits

Other high-rise (condo, apartment, flat) schemes in Timur Laut with enough recorded sales, cheapest first. By median sold price, Desa Ixora sits 6 of 154 in that set.

Against Penang

Across Penang, the median recorded sale for high-rise (condo, apartment, flat) is RM300,000 (RM391 psf), from 5,184 sales. Desa Ixora’s own median is RM140,000 — lower than that state median. Full Penang table.

Cash and monthly on the RM140,000 median

Same worksheet as /cost/, using this scheme’s recorded median, 90% LTV, and the illustrative rate. Not a bank quote.

Cash at offer

  • Down payment (10%): RM14,000
  • Transfer duty (MOT): RM1,800
  • Loan duty (0.5%): RM630
  • Total cash: RM16,430
  • Qualifying first home: RM14,000 (duties exempt)

Monthly carry

  • Instalment (35y @ 4.00%): RM558
  • Total monthly: RM558

4.00% p.a. illustrative (rough SBR + bank margin); not a bank quote

Adjust these numbers

Questions this record answers

What have homes in Desa Ixora sold for?
A median of RM140,000 (RM279 psf), from 37 land-office transactions between 18 September 2021 and 13 February 2026.
What is a typical band here?
Half of recorded sales fell between RM125,500 and RM150,000. One in ten went under RM115,600; one in ten over RM165,200.
Has the median moved?
From RM139,000 in 2022 to RM147,500 in 2024 (+6%), using only years with five or more sales.

Read next

From NAPIC’s open transaction data (Jabatan Penilaian dan Perkhidmatan Harta), extract published 19 May 2026. A scheme appears only with at least 20recorded sales. Scheme names are the land office’s own. How we work this out.