Area Intelligence

DESA RIA

5 properties
Detached
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Median Price
RM 1,170,000
PSF: RM 267

Residential Market

Median Price

RM 1,170,000

IQR: RM 214
MAD: RM 115
RM 267 PSF 8.3%

PSF Trends (2021-2025)

DESA RIA in Barat Daya, Penang recorded 5 Detached properties subsale transactions between 2021 and 2025 for detached properties, with a median price of RM 1.17 million and a median price per square foot (PSF) of RM 267.

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 1.17 million, with most transactions falling within a stable range of RM 1.05 million to RM 1.31 million, and a typical market range of RM 1.05 million to RM 1.32 million.

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

The median PSF stands at RM 267, with core pricing between RM 223 and RM 311. Market pricing typically extends from RM 160.13 to RM 373.88, reflecting moderate variation in unit pricing. The spread of RM 213.75 (IQR) and deviation of RM 44 (MAD) suggest moderate price variations reflecting different property features.

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.

Area Location

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DESA RIA, Barat Daya, Penang

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Transactions

5 properties grouped by size

4,000 sqft
2 units Detached
RM 1,070,000
LORONG KENARI 3
4,004 sqft · RM 267.00 PSF
Aug 2022
RM 1,450,000
LORONGG KENARI 5
4,004 sqft · RM 362.00 PSF
Jul 2022
4,500 sqft
3 units Detached
RM 1,200,000
PINTASAN KENARI
4,499 sqft · RM 267.00 PSF
Apr 2023
RM 1,170,000
PINTASAN KENARI
4,499 sqft · RM 260.00 PSF
Aug 2022
RM 1,050,000
PINTASAN KENARI
4,500 sqft · RM 233.00 PSF
Jul 2022