Area Intelligence

DESARIA

3 properties
Office Lot
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Median Price
RM 432,000
PSF: RM 405

Commercial Market

Median Price

RM 432,000

IQR: RM 881
MAD: RM 249
RM 405 PSF 0.3%

PSF Trends (2021-2025)

DESARIA in Barat Daya, Penang recorded 3 Office Lot properties subsale transactions between 2021 and 2025 for office lot properties, 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. The median price is RM 432K, with most transactions falling within a stable range of RM 430K to RM 464K, and a typical market range of RM 430K to RM 498K.

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

The median PSF stands at RM 405, with core pricing between RM 341 and RM 469. Market pricing typically extends from RM 0.00 to RM 845.63, reflecting moderate variation in unit pricing. The spread of RM 881.25 (IQR) and deviation of RM 64 (MAD) suggest moderate price variations reflecting different property features.

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.

Area Location

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DESARIA, Barat Daya, Penang

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Transactions

3 properties grouped by size

950 sqft
1 units Office Lot
RM 498,000
926 sqft · RM 538.00 PSF
Dec 2023
1,050 sqft
1 units Office Lot
RM 432,000
1,066 sqft · RM 405.00 PSF
Dec 2023
1,100 sqft
1 units Office Lot
RM 430,000
1,076 sqft · RM 399.00 PSF
Dec 2023