DESA RIA in Barat Daya, Penang recorded 2 subsale transactions between 2021 and 2025, with a median price of RM 655K and a median price per square foot (PSF) of RM 661.
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 655K, with most transactions falling within a stable range of RM 495K to RM 815K, and a typical market range of RM 498K to RM 812K.
Most transactions involved 2 - 2 1/2 storey terraced, with high diversity across multiple property types.
The median PSF stands at RM 661, with core pricing between RM 546 and RM 776. Market pricing typically extends from RM 551.38 to RM 770.63, reflecting moderate variation in unit pricing. The spread of RM 219.25 (IQR) and deviation of RM 115 (MAD) suggest moderate price variations reflecting different property features.
While the area has shown positive growth trends, price variations suggest a more dynamic market. This presents opportunities for investors comfortable with moderate volatility. Significant price variations suggest comparing multiple properties and timing the market carefully. Limited transaction history suggests carefully evaluating comparable sales data.