Area Intelligence

DESARIA

3 properties
3-Storey Storey Shop
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Median Price
RM 2,388,000
PSF: RM 1,422

Commercial Market

Median Price

RM 2,388,000

IQR: RM 881
MAD: RM 249
RM 1,422 PSF 0.3%

PSF Trends (2021-2025)

DESARIA in Barat Daya, Penang recorded 3 3-Storey Storey Shop properties subsale transactions between 2021 and 2025 for 3-storey storey shop properties, 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. The median price is RM 2.39 million, with most transactions falling within a stable range of RM 2.00 million to RM 2.96 million, and a typical market range of RM 2.00 million to RM 3.22 million.

Within the 3-Storey Storey Shop category, 3 - 3 1/2 storey shop dominated the market, with high diversity across multiple property types.

The median PSF stands at RM 1,422, with core pricing between RM 1,266 and RM 1,578. Market pricing typically extends from RM 981.38 to RM 1,862.63, reflecting moderate variation in unit pricing. With an IQR of RM 881.25 and MAD of RM 156, 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.

Area Location

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DESARIA, Barat Daya, Penang

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Transactions

3 properties grouped by size

1,600 sqft
1 units 3-Storey Storey Shop
RM 2,000,000
TINGKAT KENARI
1,615 sqft · RM 1,239.00 PSF
Jan 2024
1,700 sqft
1 units 3-Storey Storey Shop
RM 2,388,000
TINGKAT KENARI 6
1,679 sqft · RM 1,422.00 PSF
Jul 2022
2,050 sqft
1 units 3-Storey Storey Shop
RM 3,350,000
JLN DATO ISMAIL HASHIM
2,067 sqft · RM 1,621.00 PSF
Nov 2024