KAWASAN LEMBAH RIA (HAPPY VALLEY) in Timur Laut, Penang recorded 1 subsale transactions between 2021 and 2025, with a median price of RM 1.08 million and a median price per square foot (PSF) of RM 327.
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 1.08 million, with most transactions falling within a stable range of RM 880K to RM 1.28 million, and a typical market range of RM 851K to RM 1.31 million.
Most transactions involved low-cost house, with high diversity across multiple property types.
Price per square foot shows a median of RM 327, though individual units vary from RM 246 to RM 408 in the core range. The broader market spans RM 227.13 to RM 426.88, indicating diverse property characteristics. The spread of RM 199.75 (IQR) and deviation of RM 81 (MAD) suggest moderate price variations reflecting different property features.
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.
