Desa Ria
Bayan Lepas, Pulau Pinang, Malaysia
Bayan Lepas, Pulau Pinang, Malaysia
|
Road
|
Price
|
PSF
|
Size
|
Date
|
Type
|
|---|---|---|---|---|---|
| 2025 | |||||
|
Lorong Kenari 11
|
RM 1,000,000
|
RM 619
|
1,615 sqft
|
|
2-Sty Terrace |
| 2023 | |||||
|
Lorong Kenari 10
|
RM 938,000
|
RM 581
|
1,615 sqft
|
|
2-Sty Terrace |
| 2022 | |||||
|
Lorong Kenari 15
|
RM 960,000
|
RM 595
|
1,615 sqft
|
|
2-Sty Terrace |
|
Lorong Kenari 10
|
RM 1,030,000
|
RM 638
|
1,615 sqft
|
|
2-Sty Terrace |
| 2021 | |||||
|
Lorong Kenari 13
|
RM 900,000
|
RM 557
|
1,615 sqft
|
|
2-Sty Terrace |
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Market Snapshot
ResidentialRM 960,000
RM 595 psfMedian transaction price
Desa Ria, Bayan Lepas, Pulau Pinang, Malaysia
MapsDesa Ria in Barat Daya, Penang recorded 5 subsale transactions between 2021 and 2026, sized between 1,575 and 1,624 sqft, with a median price of RM 960K and a median price per square foot (PSF) of RM 595.
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 960K, with most transactions falling within a stable range of RM 914K to RM 1.01 million, and a typical market range of RM 900K to RM 1.03 million.
Most transactions involved 2 - 2 1/2 storey terraced, with high diversity across multiple property types.
For price per square foot, the median is RM 595, with most transactions between RM 566 and RM 623. The usual range is RM 486.96 to RM 702.21, showing that most units are priced quite close to each other. With an IQR of RM 215.25 and MAD of RM 28, the PSF demonstrates reasonable consistency across the market.
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.