Area Intelligence

DESA RIA

3 properties
2025
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Median Price
RM 2,200,000
PSF: RM 431

Residential Market

Median Price

RM 2,200,000

IQR: RM 219
MAD: RM 115
RM 431 PSF 9.1%

PSF Trends (2021-2025)

DESA RIA in Barat Daya, Penang recorded 3 subsale transactions in 2025, with a median price of RM 2.20 million and a median price per square foot (PSF) of RM 431.

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 RM 2.20 million, with most transactions falling within a stable range of RM 1.00 million to RM 3.80 million, and a typical market range of RM 2.04 million to RM 2.36 million.

Most transactions involved 2 - 2 1/2 storey terraced, with high diversity across multiple property types.

Price per square foot shows a median of RM 431, though individual units vary from RM 259 to RM 603 in the core range. The broader market spans RM 321.38 to RM 540.63, indicating diverse property characteristics. A wider spread (IQR: RM 219.25) and deviation (MAD: RM 172) indicate significant PSF variations, likely due to diverse property types or conditions.

While the area has shown positive growth trends, price variations suggest a more dynamic market. This presents opportunities for investors comfortable with moderate volatility. Some price volatility exists, making thorough market research essential before transacting. Limited transaction history suggests carefully evaluating comparable sales data.

Area Location

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DESA RIA, Barat Daya, Penang

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Transactions

3 properties grouped by size

1,700 sqft
1 units Double Storey Terraced
RM 1,000,000
LORONG KENARI 11
1,679 sqft · RM 596.00 PSF
Apr 2025
5,100 sqft
1 units Double Storey Semi-D
RM 2,200,000
LENGKOK KENARI 1
5,102 sqft · RM 431.00 PSF
Jan 2025
27,200 sqft
1 units Bungalow
RM 4,825,000
SOLOK KELICAP
27,179 sqft · RM 178.00 PSF
Apr 2025