DESA RIANG (SUNNY VILLE) in Timur Laut, Penang recorded 19 subsale transactions in 2024, with a median price of RM 390K and a median price per square foot (PSF) of RM 420.
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 390K, with most transactions falling within a stable range of RM 322K to RM 458K, and a typical market range of RM 351K to RM 429K.
Most transactions involved condominium/apartment, though some variety exists in the market.
For price per square foot, the median is RM 420, with most transactions between RM 392 and RM 448. The usual range is RM 379.38 to RM 460.63, showing that most units are priced quite close to each other. With an IQR of RM 81.25 and MAD of RM 28, the PSF demonstrates reasonable consistency across the market.
Overall, the market in this area appears stable with consistent appreciation, making it an attractive option for both investors and homebuyers. Moderate price stability provides a balanced market for both buyers and sellers. Limited transaction history suggests carefully evaluating comparable sales data.
