Penang
Barat Daya
12
DESA RIA

DESA RIA

Area Intelligence

2022

Median Price

RM 945,000

PSF: RM 569

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Residential PSF Trends

Median Price

RM 945,000

PSF: RM 569

DESA RIA in Barat Daya, Penang recorded 4 subsale transactions in 2022, with a median price of RM 945K and a median price per square foot (PSF) of RM 569.

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 945K, with most transactions falling within a stable range of RM 791K to RM 1.03 million, and a typical market range of RM 788K 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 569, with most transactions between RM 547 and RM 591. The usual range is RM 459.38 to RM 678.63, showing that most units are priced quite close to each other. With an IQR of RM 219.25 and MAD of RM 22, 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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Transactions

4 transactions grouped by size

Popular Ranges

Under RM 300k RM 300k - 500k RM 500k - 750k RM 750k - 1M RM 1M - 2M RM 2M+

Custom Range

Min Price (RM)

Max Price (RM)

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Size Range (sqft)

Popular Ranges

Under 1,000 sqft 1,000 - 2,000 sqft 2,000 - 3,000 sqft 3,000 - 5,000 sqft 5,000 - 10,000 sqft 10,000+ sqft

Custom Range

Min Size (sqft)

Max Size (sqft)

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Road	Price	Land PSF	Land	Date	Type

1,100 sqft

Town House

1,100 sqft

Town House

RM 628,000

Level 1-2

1,109 sqft · RM 566 PSF

Feb 2022

Level 1-2

RM 628,000

RM 566

1,109 sqft

Feb 2022

1,700 sqft

Double Storey Terraced

1,700 sqft

Double Storey Terraced

RM 960,000

LORONG KENARI 15

1,679 sqft · RM 572 PSF

Dec 2022

RM 1,030,000

LORONG KENARI 10

1,679 sqft · RM 613 PSF

Apr 2022

RM 930,000

LORONG KENARI 14

1,679 sqft · RM 554 PSF

Feb 2022

LORONG KENARI 15	RM 960,000	RM 572	1,679 sqft	Dec 2022
LORONG KENARI 10	RM 1,030,000	RM 613	1,679 sqft	Apr 2022
LORONG KENARI 14	RM 930,000	RM 554	1,679 sqft	Feb 2022