DESA RIA

DESA RIA in Barat Daya, Penang recorded 6 Bungalow properties subsale transactions between 2021 and 2025 for bungalow properties, with a median price of RM 1.19 million and a median price per square foot (PSF) of RM 264.

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 1.19 million, with most transactions falling within a stable range of RM 1.05 million to RM 2.55 million, and a typical market range of RM 1.05 million to RM 1.34 million.

Within the Bungalow category, 2 - 2 1/2 storey terraced dominated the market, with high diversity across multiple property types.

Price per square foot shows a median of RM 264, though individual units vary from RM 209 to RM 318 in the core range. The broader market spans RM 153.88 to RM 373.13, indicating diverse property characteristics. The spread of RM 219.25 (IQR) and deviation of RM 55 (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. Significant price variations suggest comparing multiple properties and timing the market carefully. Limited transaction history suggests carefully evaluating comparable sales data.