Desaria Suria
Desa Ria, Bayan Lepas, Pulau Pinang, Malaysia
Desa Ria, Bayan Lepas, Pulau Pinang, Malaysia
|
Road
|
Price
|
PSF
|
Size
|
Date
|
Type
|
|---|---|---|---|---|---|
| 2023 | |||||
|
Tingkat Kenari
|
RM 850,000
|
RM 568
|
1,496 sqft
|
|
2-Sty Terrace |
|
Cangkat Kenari 2
|
RM 1,038,000
|
RM 694
|
1,496 sqft
|
|
2-Sty Terrace |
|
Tingkat Kenari
|
RM 840,000
|
RM 561
|
1,496 sqft
|
|
2-Sty Terrace |
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Market Snapshot
ResidentialRM 850,000
RM 568 psfMedian transaction price
Desa Ria, Bayan Lepas, Pulau Pinang, Malaysia
MapsDesaria Suria in Barat Daya, Penang recorded 3 subsale transactions in 2023, with a median price of RM 850K and a median price per square foot (PSF) of RM 568.
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 850K, with most transactions falling within a stable range of RM 840K to RM 941K, and a typical market range of RM 840K to RM 1.03 million.
Most transactions involved 2 - 2 1/2 storey terraced, with minimal variety in property types.
The median PSF stands at RM 568, with core pricing between RM 507 and RM 629. Market pricing typically extends from RM 540.49 to RM 595.74, reflecting moderate variation in unit pricing. With an IQR of RM 55.25 and MAD of RM 61, the PSF demonstrates reasonable consistency across the market.
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.