DESA RIA

DESA RIA in Barat Daya, Penang recorded 2 subsale transactions in 2021, with a median price of RM 775K and a median price per square foot (PSF) of RM 596.

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 775K, with most transactions falling within a stable range of RM 650K to RM 900K, and a typical market range of RM 650K to RM 900K.

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

The median PSF stands at RM 596, with core pricing between RM 536 and RM 656. Market pricing typically extends from RM 489.13 to RM 702.88, reflecting moderate variation in unit pricing. With an IQR of RM 213.75 and MAD of RM 60, 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.