Desa Pinang 2

  • Property Type
    Flat
  • Tenure
    Leasehold
  • Street Name
    Lebuh Sungai Pinang 7
  • District / Planning Area
    Sungai Pinang
  • Completion
    2009
About Desa Pinang 2

Desa Pinang 2 is a high-rise non-landed project situated in the neighbourhood of Sungai Pinang in Penang. This project was developed by Jelutong Development (a subsidiary of IJM group) and was completed in the year 2009. Desa Pinang 2 consists one 12-storey block and one 22-storey block which house a total of 900 units. Built-up size ranges from 540 sq. ft. to 620 sq. ft.., comprising either two bedrooms and one bathrooms or three bedrooms and two bathrooms. Schools in the vicinity are SJK Moh Ghee, SJK Li Tek, SK Jelutong and SJK Kheng Tean. Other amenities nearby include Tesco, E-Gate, 1st Avenue, Prangin Mall and Sunshine City. This project can be easily accessed via Tun Dr Lim Chong Eu Highway.

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Profitable Transactions (Limited to 5 Total of 19 Transactions)

Bought OnSold OnArea (sqft)Sale Price (RM sqft)Buy Price(RM sqft)Profit (RM)Growth (%)
28 Jan 0824 May 19527 ft²33247150,00018.7
17 Jun 1311 Mar 19614 ft²39125186,0008
28 Mar 0831 Dec 18614 ft²40768208,00018
12 Jun 1417 Dec 18614 ft²2256896,00030.1
13 Jul 0712 Sep 18614 ft²32668158,00015

Note: Transactions with the same address are matched. Profitability of each round-trip transaction is based only on the change in asset price and does not take into account transaction costs and the effect of financing. Unit numbers are not disclosed. In addition, there are 14 more profitable transactions.

Unprofitable Transactions (Limited to 5 Total of 5 Transactions)

Bought OnSold OnArea (sqft)Sale Price (RM sqft)Buy Price(RM sqft)Profit (RM)Growth (%)
14 Jul 0806 Jun 13614 ft²6868--
05 Feb 0827 Sep 12614 ft²6868--
31 Aug 0815 May 12614 ft²6868--
03 Apr 0728 Jan 08527 ft²4747--
29 Mar 0712 Jul 07614 ft²6868--

Note: Transactions with the same address are matched. Profitability of each round-trip transaction is based only on the change in asset price and does not take into account transaction costs and the effect of financing. Unit numbers are not disclosed.

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