Penang
Barat Daya
12
DESARIA

DESARIA

Area Intelligence

2022

Median Price

RM 2,388,000

PSF: RM 1,422

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Commercial PSF Trends

Median Price

RM 2,388,000

RM 1,422 PSF

DESARIA in Barat Daya, Penang recorded 1 subsale transactions in 2022, with a median price of RM 2.39 million and a median price per square foot (PSF) of RM 1,422.

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 1,422, with most transactions between RM 1,422 and RM 1,422. The usual range is RM 1,005.00 to RM 1,839.00, 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. Some price volatility exists, making thorough market research essential before transacting. Limited transaction history suggests carefully evaluating comparable sales data.

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DESARIA, Barat Daya, Penang

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