Penang
Barat Daya
12
DESARIA

DESARIA

Area Intelligence

2023

Median Price

RM 432,000

PSF: RM 405

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Commercial PSF Trends

Median Price

RM 432,000

RM 405 PSF

DESARIA in Barat Daya, Penang recorded 5 subsale transactions in 2023, with a median price of RM 432K and a median price per square foot (PSF) of RM 405.

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

Price remained flat, and PSF growth was PSF remained flat.

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

For price per square foot, the median is RM 405, with most transactions between RM 405 and RM 405. The usual range is RM 0.00 to RM 822.00, showing that most units are priced quite close to each other. With an IQR of RM 834.00 and MAD of RM 0, 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. Significant price variations suggest comparing multiple properties and timing the market carefully. Limited transaction history suggests carefully evaluating comparable sales data.

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DESARIA, Barat Daya, Penang

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