DESA RIA

Area Intelligence
2022
Median Price
RM 1,135,000
PSF: RM 306

Residential PSF Trends

Median Price

RM 1,135,000

PSF: RM 306

DESA RIA in Barat Daya, Penang recorded 6 subsale transactions in 2022, with a median price of RM 1.14 million and a median price per square foot (PSF) of RM 306.

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 1.14 million, with most transactions falling within a stable range of RM 1.05 million to RM 1.27 million, and a typical market range of RM 1.05 million to RM 1.29 million.

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

The median PSF stands at RM 306, with core pricing between RM 254 and RM 357. Market pricing typically extends from RM 195.88 to RM 415.13, reflecting moderate variation in unit pricing. The spread of RM 219.25 (IQR) and deviation of RM 51 (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. 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

6 transactions grouped by size

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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