DESA RIA

Area Intelligence
2022
Median Price
RM 1,050,000
PSF: RM 362

Residential PSF Trends

Median Price

RM 1,050,000

PSF: RM 362

DESA RIA in Barat Daya, Penang recorded 11 subsale transactions in 2022, with a median price of RM 1.05 million and a median price per square foot (PSF) of RM 362.

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 1.05 million, with most transactions falling within a stable range of RM 1.03 million to RM 660K, and a typical market range of RM 893K to RM 660K.

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

The median PSF stands at RM 362, with core pricing between RM 312 and RM 412. Market pricing typically extends from RM 252.38 to RM 471.63, reflecting moderate variation in unit pricing. With an IQR of RM 219.25 and MAD of RM 50, 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

OSM

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Transactions

7 transactions grouped by size

1,700 sqft
Double Storey Terraced
RM 1,030,000
LORONG KENARI 10
1,679 sqft · RM 613 PSF
3,200 sqft
Double Storey Semi-D
RM 1,100,000
JALAN KENARI
3,197 sqft · RM 344 PSF
3,400 sqft
Double Storey Terraced
RM 1,200,000
LENGKOK KENARI 2
3,380 sqft · RM 355 PSF
4,000 sqft
Bungalow
RM 1,070,000
LORONG KENARI 3
4,004 sqft · RM 267 PSF
RM 1,450,000
LORONGG KENARI 5
4,004 sqft · RM 362 PSF
4,500 sqft
Bungalow
RM 1,170,000
PINTASAN KENARI
4,499 sqft · RM 260 PSF
RM 1,050,000
PINTASAN KENARI
4,500 sqft · RM 233 PSF

No Properties For Sale

There are currently no properties listed for sale in this area.

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