Area Intelligence

DESARIA

8 properties
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Median Price
RM 499,000
PSF: RM 539

Commercial Market

Median Price

RM 499,000

IQR: RM 881
MAD: RM 249
RM 539 PSF 0.3%

PSF Trends (2021-2025)

DESARIA in Barat Daya, Penang recorded 8 subsale transactions between 2021 and 2025, with a median price of RM 499K and a median price per square foot (PSF) of RM 539.

This area consists exclusively of commercial properties, with no residential listings recorded.

Price remained flat, and PSF growth was PSF remained flat. The median price is RM 499K, with most transactions falling within a stable range of RM 325K to RM 673K, and a typical market range of RM 220K to RM 1.33 million.

Most transactions involved 3 - 3 1/2 storey shop, with high diversity across multiple property types.

Price per square foot shows a median of RM 539, though individual units vary from RM 291 to RM 788 in the core range. The broader market spans RM 98.38 to RM 979.63, indicating diverse property characteristics. A wider spread (IQR: RM 881.25) and deviation (MAD: RM 249) indicate significant PSF variations, likely due to diverse property types or conditions.

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.

Area Location

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DESARIA, Barat Daya, Penang

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Transactions

8 properties grouped by size

950 sqft
2 units
RM 498,000
Office Lot
926 sqft · RM 538.00 PSF
Dec 2023
RM 500,000
Shop/Retail Lot
926 sqft · RM 540.00 PSF
Dec 2023
1,050 sqft
1 units Office Lot
RM 432,000
1,066 sqft · RM 405.00 PSF
Dec 2023
1,100 sqft
1 units Office Lot
RM 430,000
1,076 sqft · RM 399.00 PSF
Dec 2023
1,200 sqft
1 units Shop/Retail Lot
RM 220,000
1,206 sqft · RM 182.00 PSF
Oct 2023
1,600 sqft
1 units 3-Storey Storey Shop
RM 2,000,000
TINGKAT KENARI
1,615 sqft · RM 1,239.00 PSF
Jan 2024
1,700 sqft
1 units 3-Storey Storey Shop
RM 2,388,000
TINGKAT KENARI 6
1,679 sqft · RM 1,422.00 PSF
Jul 2022
2,050 sqft
1 units 3-Storey Storey Shop
RM 3,350,000
JLN DATO ISMAIL HASHIM
2,067 sqft · RM 1,621.00 PSF
Nov 2024