DESA RIA

Area Intelligence
2024
Median Price
RM 1,630,000
PSF: RM 383

Residential PSF Trends

Median Price

RM 1,630,000

PSF: RM 383

DESA RIA in Barat Daya, Penang recorded 3 subsale transactions in 2024, with a median price of RM 1.63 million and a median price per square foot (PSF) of RM 383.

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 1.63 million, with most transactions falling within a stable range of RM 1.39 million to RM 1.84 million, and a typical market range of RM 1.47 million to RM 1.79 million.

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

The median PSF stands at RM 383, with core pricing between RM 329 and RM 437. Market pricing typically extends from RM 273.38 to RM 492.63, reflecting moderate variation in unit pricing. With an IQR of RM 219.25 and MAD of RM 54, the PSF demonstrates reasonable consistency across the market.

Overall, the market in this area appears stable with consistent appreciation, making it an attractive option for both investors and homebuyers. Moderate price stability provides a balanced market for both buyers and sellers. Limited transaction history suggests carefully evaluating comparable sales data.

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DESA RIA, Barat Daya, Penang

OSM

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Transactions

3 transactions grouped by size

3,800 sqft
Double Storey Semi-D
RM 1,250,000
JALAN KENARI
3,800 sqft · RM 329 PSF
4,000 sqft
Double Storey Semi-D
RM 1,842,000
LENGKOK KENARI 1
4,004 sqft · RM 460 PSF
4,250 sqft
Double Storey Semi-D
RM 1,630,000
LENGKOK KENARI 1
4,252 sqft · RM 383 PSF

No Properties For Sale

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

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