DIAMOND VALLEY

Area Intelligence
2024
Median Price
RM 1,708,000
PSF: RM 1,044

Commercial PSF Trends

Median Price

RM 1,708,000

RM 1,044 PSF

DIAMOND VALLEY in Barat Daya, Penang recorded 3 subsale transactions in 2024, with a median price of RM 1.71 million and a median price per square foot (PSF) of RM 1,044.

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 1.71 million, with most transactions falling within a stable range of RM 1.48 million to RM 2.12 million, and a typical market range of RM 1.48 million to RM 1.97 million.

Most transactions involved terraced factory/warehouse, with minimal variety in property types.

For price per square foot, the median is RM 1,044, with most transactions between RM 984 and RM 1,104. The usual range is RM 978.25 to RM 1,109.75, showing that most units are priced quite close to each other. With an IQR of RM 131.50 and MAD of RM 60, 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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DIAMOND VALLEY, Barat Daya, Penang

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Transactions

3 transactions grouped by size

1,300 sqft
Terraced Factory
RM 1,481,000
LINTANG BERINGIN 10
1,281 sqft · RM 1,156 PSF
1,700 sqft
Terraced Factory
RM 1,708,000
LINTANG BERINGIN 2
1,679 sqft · RM 1,017 PSF
2,350 sqft
Terraced Factory
RM 2,450,000
LINTANG BERINGIN 6
2,347 sqft · RM 1,044 PSF

No Properties For Sale

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

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