DESA RIANG (SUNNY VILLE)

Area Intelligence
2022
Median Price
RM 375,000
PSF: RM 440

Residential PSF Trends

Median Price

RM 375,000

PSF: RM 440

DESA RIANG (SUNNY VILLE) in Timur Laut, Penang recorded 11 subsale transactions in 2022, with a median price of RM 375K and a median price per square foot (PSF) of RM 440.

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 375K, with most transactions falling within a stable range of RM 345K to RM 448K, and a typical market range of RM 345K to RM 414K.

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

The median PSF stands at RM 440, with core pricing between RM 379 and RM 501. Market pricing typically extends from RM 399.38 to RM 480.63, reflecting moderate variation in unit pricing. With an IQR of RM 81.25 and MAD of RM 61, 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.

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DESA RIANG (SUNNY VILLE), Timur Laut, Penang

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Transactions

9 transactions grouped by size

550 sqft
Low-Cost Flat
RM 180,000
Level 9
538 sqft · RM 334 PSF
RM 140,000
Level 12
538 sqft · RM 260 PSF
800 sqft
Condo/Apartment
RM 360,000
Level 2
807 sqft · RM 446 PSF
RM 345,000
Level 19
807 sqft · RM 427 PSF
RM 350,000
Level 20
807 sqft · RM 434 PSF
RM 375,000
Level 19
807 sqft · RM 465 PSF
900 sqft
Condo/Apartment
RM 470,000
Level 2
904 sqft · RM 520 PSF
RM 380,000
Level 7
904 sqft · RM 420 PSF
1,000 sqft
Condo/Apartment
RM 440,000
Level 22
1,001 sqft · RM 440 PSF

No Properties For Sale

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

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