BandingHouse

Desa Sri Swarna

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

Homes in Desa Sri Swarna have sold for a median of

RM164,500

RM325 psf on the recorded floor area

RM148,750median RM164,500RM171,250

Half of the 20 recorded sales fell between RM148,750 and RM171,250. One in ten went under RM137,400, one in ten over RM185,000. Sales run from 19 May 2021 to 11 October 2025.

Up 10% from a RM156,000 median in 2022 to RM171,500 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
2021RM150,000RM296 psf1
2022RM156,000RM308 psf5
2023RM170,000RM336 psf5
2024RM171,500RM339 psf6
2025RM138,000RM273 psf3

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 Sri Swarna sits 11 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 Sri Swarna’s own median is RM164,500 — lower than that state median. Full Penang table.

Cash and monthly on the RM164,500 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%): RM16,450
  • Transfer duty (MOT): RM2,290
  • Loan duty (0.5%): RM740
  • Total cash: RM19,480
  • Qualifying first home: RM16,450 (duties exempt)

Monthly carry

  • Instalment (35y @ 4.00%): RM656
  • Total monthly: RM656

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 Sri Swarna sold for?
A median of RM164,500 (RM325 psf), from 20 land-office transactions between 19 May 2021 and 11 October 2025.
What is a typical band here?
Half of recorded sales fell between RM148,750 and RM171,250. One in ten went under RM137,400; one in ten over RM185,000.
Has the median moved?
From RM156,000 in 2022 to RM171,500 in 2024 (+10%), 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.