Desaria
Desa Ria, Bayan Lepas, Pulau Pinang, Malaysia
Desa Ria, Bayan Lepas, Pulau Pinang, Malaysia
| Road | Price | PSF | Size | Date | Type |
|---|
|
Level 1
|
RM 498,000
|
RM 538
|
926 sqft
|
|
Office |
|
Level 2
|
RM 500,000
|
RM 540
|
926 sqft
|
|
Shop |
|
Jalan Kenari
|
RM 2,200,000
|
RM 497
|
4,424 sqft
|
|
|
|
Tingkat Kenari
|
RM 2,000,000
|
RM 454
|
4,402 sqft
|
|
|
|
Tingkat Kenari 6
|
RM 2,388,000
|
RM 544
|
4,392 sqft
|
|
|
Jalan Dato Ismail Hashim
|
RM 3,600,000
|
RM 596
|
6,039 sqft
|
|
|
|
Jalan Dato Ismail Hashim
|
RM 3,350,000
|
RM 555
|
6,039 sqft
|
|
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Market Snapshot
CommercialRM 1,250,000
RM 882 psfMedian transaction price
Desa Ria, Bayan Lepas, Pulau Pinang, Malaysia
MapsDesaria in Barat Daya, Penang recorded 10 subsale transactions between 2021 and 2026, with a median price of RM 1.25 million and a median price per square foot (PSF) of RM 538.
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 1.25 million, with most transactions falling within a stable range of RM 365K to RM 2.14 million, and a typical market range of RM 304K to RM 2.20 million.
Most transactions involved 3 - 3 1/2 storey shop, with moderate diversity in property types available.
Price per square foot shows a median of RM 538, though individual units vary from RM 58 to RM 1,018 in the core range. The broader market spans RM 68.97 to RM 1,006.97, indicating diverse property characteristics. A wider spread (IQR: RM 938.00) and deviation (MAD: RM 480) 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.