Penang
Barat Daya
12
DESA RIA

DESA RIA

Area Intelligence

2021

Median Price

RM 775,000

PSF: RM 596

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Residential PSF Trends

Median Price

RM 775,000

PSF: RM 596

DESA RIA in Barat Daya, Penang recorded 2 subsale transactions in 2021, with a median price of RM 775K and a median price per square foot (PSF) of RM 596.

This area consists exclusively of residential properties, with no commercial listings recorded.

Price remained flat, and PSF growth was PSF remained flat.

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 596, with most transactions between RM 596 and RM 596. The usual range is RM 486.38 to RM 705.63, showing that most units are priced quite close to each other. With an IQR of RM 219.25 and MAD of RM 0, 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.

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DESA RIA, Barat Daya, Penang

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