Penang
Timur Laut
13
DESA RIANG (SUNNY VILLE)

DESA RIANG (SUNNY VILLE)

Area Intelligence

2022

Median Price

RM 475,000

PSF: RM 475

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Residential PSF Trends

Median Price

RM 475,000

PSF: RM 475

DESA RIANG (SUNNY VILLE) in Timur Laut, Penang recorded 2 subsale transactions in 2022, with a median price of RM 475K and a median price per square foot (PSF) of RM 475.

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 475K, with most transactions falling within a stable range of RM 440K to RM 510K, and a typical market range of RM 440K to RM 510K.

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

For price per square foot, the median is RM 475, with most transactions between RM 440 and RM 509. The usual range is RM 433.88 to RM 515.13, showing that most units are priced quite close to each other. With an IQR of RM 81.25 and MAD of RM 35, 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. The consistent property type and stable pricing make it easier to assess value and compare trends. Limited transaction history suggests carefully evaluating comparable sales data.

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DESA RIANG (SUNNY VILLE), Timur Laut, Penang

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