Penang
Timur Laut
13
KAWASAN LEMBAH RIA (HAPPY VALLEY)

KAWASAN LEMBAH RIA (HAPPY VALLEY)

Area Intelligence

Median Price

RM 500,000

PSF: RM 374

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Residential PSF Trends

Median Price

RM 500,000

PSF: RM 374

KAWASAN LEMBAH RIA (HAPPY VALLEY) in Timur Laut, Penang recorded 2 subsale transactions between 2021 and 2025, with a median price of RM 500K and a median price per square foot (PSF) of RM 374.

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 500K, with most transactions falling within a stable range of RM 300K to RM 700K, and a typical market range of RM 271K to RM 729K.

Most transactions involved low-cost house, with high diversity across multiple property types.

Price per square foot shows a median of RM 374, though individual units vary from RM 293 to RM 455 in the core range. The broader market spans RM 273.63 to RM 473.38, 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. Significant price variations suggest comparing multiple properties and timing the market carefully. Limited transaction history suggests carefully evaluating comparable sales data.

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KAWASAN LEMBAH RIA (HAPPY VALLEY), Timur Laut, Penang

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