KAWASAN LEMBAH RIA (HAPPY VALLEY)

KAWASAN LEMBAH RIA (HAPPY VALLEY) in Timur Laut, Penang recorded 3 subsale transactions between 2021 and 2025, with a median price of RM 350K and a median price per square foot (PSF) of RM 191.

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 350K, with most transactions falling within a stable range of RM 150K to RM 550K, and a typical market range of RM 121K to RM 579K.

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

Price per square foot shows a median of RM 191, though individual units vary from RM 110 to RM 272 in the core range. The broader market spans RM 91.13 to RM 290.88, indicating diverse property characteristics. A wider spread (IQR: RM 199.75) and deviation (MAD: RM 81) indicate significant PSF variations, likely due to diverse property types or conditions.

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.