Desaria
Desa Ria, Bayan Lepas, Pulau Pinang, Malaysia
Desa Ria, Bayan Lepas, Pulau Pinang, Malaysia
| Road | Price | PSF | Size | Date | Type |
|---|
|
Jalan Kenari
|
RM 2,200,000
|
RM 497
|
4,424 sqft
|
|
|
|
Tingkat Kenari
|
RM 2,000,000
|
RM 454
|
4,402 sqft
|
|
|
|
Tingkat Kenari 6
|
RM 2,388,000
|
RM 544
|
4,392 sqft
|
|
|
Jalan Dato Ismail Hashim
|
RM 3,600,000
|
RM 596
|
6,039 sqft
|
|
|
|
Jalan Dato Ismail Hashim
|
RM 3,350,000
|
RM 555
|
6,039 sqft
|
|
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Market Snapshot
CommercialRM 2,388,000
RM 544 psfMedian transaction price
Desa Ria, Bayan Lepas, Pulau Pinang, Malaysia
MapsDesaria in Barat Daya, Penang recorded 5 3-Storey Shop properties subsale transactions between 2021 and 2026, with a median price of RM 2.39 million and a median price per square foot (PSF) of RM 544.
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 3.03 million, and a typical market range of RM 2.00 million to RM 3.33 million.
Within the 3-Storey Shop category, 3 - 3 1/2 storey shop dominated the market, with moderate diversity in property types available.
For price per square foot, the median is RM 544, with most transactions between RM 495 and RM 593. The usual range is RM 74.76 to RM 1,012.76, showing that most units are priced quite close to each other. With an IQR of RM 938.00 and MAD of RM 49, 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.