DESARIA

Area Intelligence
2023
Median Price
RM 430,000
PSF: RM 399

Commercial PSF Trends

Median Price

RM 430,000

RM 399 PSF

DESARIA in Barat Daya, Penang recorded 3 subsale transactions in 2023, with a median price of RM 430K and a median price per square foot (PSF) of RM 399.

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 430K, with most transactions falling within a stable range of RM 331K to RM 432K, and a typical market range of RM 220K to RM 432K.

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 399, though individual units vary from RM 295 to RM 503 in the core range. The broader market spans RM 0.00 to RM 816.00, indicating diverse property characteristics. A wider spread (IQR: RM 834.00) and deviation (MAD: RM 104) 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.

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DESARIA, Barat Daya, Penang

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Transactions

3 transactions grouped by size

1,050 sqft
Office Lot
RM 432,000
Level 2
1,066 sqft · RM 405 PSF
1,100 sqft
Office Lot
RM 430,000
Level 2
1,076 sqft · RM 399 PSF
1,200 sqft
Shop/Retail Lot
RM 220,000
Level 1
1,206 sqft · RM 182 PSF

No Properties For Sale

There are currently no properties listed for sale in this area.

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