Penang
Timur Laut
13
DESA RIANG (SUNNY VILLE)

DESA RIANG (SUNNY VILLE)

Area Intelligence

2021

Median Price

RM 237,500

PSF: RM 349

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Residential PSF Trends

Median Price

RM 237,500

PSF: RM 349

DESA RIANG (SUNNY VILLE) in Timur Laut, Penang recorded 8 subsale transactions in 2021, with a median price of RM 238K and a median price per square foot (PSF) of RM 349.

This area consists exclusively of residential properties, with no commercial listings recorded.

Price remained flat, and PSF growth was PSF remained flat. The median price is RM 238K, with most transactions falling within a stable range of RM 145K to RM 370K, and a typical market range of RM 198K to RM 277K.

Most transactions involved condominium/apartment, though some variety exists in the market.

Price per square foot shows a median of RM 349, though individual units vary from RM 254 to RM 443 in the core range. The broader market spans RM 307.88 to RM 389.13, indicating diverse property characteristics. A wider spread (IQR: RM 81.25) and deviation (MAD: RM 94) 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. Some price volatility exists, making thorough market research essential before transacting. Limited transaction history suggests carefully evaluating comparable sales data.

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DESA RIANG (SUNNY VILLE), Timur Laut, Penang

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Transactions

8 transactions found

Popular Ranges

Under RM 300k RM 300k - 500k RM 500k - 750k RM 750k - 1M RM 1M - 2M RM 2M+

Custom Range

Min Price (RM)

Max Price (RM)

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Size Range (sqft)

Popular Ranges

Under 1,000 sqft 1,000 - 2,000 sqft 2,000 - 3,000 sqft 3,000 - 5,000 sqft 5,000 - 10,000 sqft 10,000+ sqft

Custom Range

Min Size (sqft)

Max Size (sqft)

Clear

RM 300,000

Level 12

807 sqft • RM 372.00 PSF

Dec 2021

RM 175,000

Level 6

538 sqft • RM 325.00 PSF

Nov 2021

RM 385,000

Level 21

904 sqft • RM 426.00 PSF

Oct 2021

RM 500,000

Level 22

904 sqft • RM 553.00 PSF

Oct 2021

RM 160,000

Level 11

538 sqft • RM 297.00 PSF

Oct 2021

RM 420,000

Level 13

904 sqft • RM 465.00 PSF

Sep 2021

RM 150,000

Level 15

538 sqft • RM 279.00 PSF

Jul 2021

RM 145,000

Level 11

538 sqft • RM 269.00 PSF

Feb 2021

Road	Price	Land PSF	Land	Date	Type
Level 12	RM 300,000	RM 372.00	807 sqft	Dec 2021	Condo/Apartment
Level 6	RM 175,000	RM 325.00	538 sqft	Nov 2021	Low-Cost Flat
Level 21	RM 385,000	RM 426.00	904 sqft	Oct 2021	Condo/Apartment
Level 22	RM 500,000	RM 553.00	904 sqft	Oct 2021	Condo/Apartment
Level 11	RM 160,000	RM 297.00	538 sqft	Oct 2021	Low-Cost Flat
Level 13	RM 420,000	RM 465.00	904 sqft	Sep 2021	Condo/Apartment
Level 15	RM 150,000	RM 279.00	538 sqft	Jul 2021	Low-Cost Flat
Level 11	RM 145,000	RM 269.00	538 sqft	Feb 2021	Low-Cost Flat