DESA RIANG (SUNNY VILLE)

Area Intelligence
2023
Median Price
RM 365,000
PSF: RM 431

Residential PSF Trends

Median Price

RM 365,000

PSF: RM 431

DESA RIANG (SUNNY VILLE) in Timur Laut, Penang recorded 11 subsale transactions in 2023, with a median price of RM 365K and a median price per square foot (PSF) of RM 431.

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 365K, with most transactions falling within a stable range of RM 230K to RM 454K, and a typical market range of RM 326K to RM 404K.

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

Price per square foot shows a median of RM 431, though individual units vary from RM 336 to RM 526 in the core range. The broader market spans RM 390.38 to RM 471.63, indicating diverse property characteristics. The spread of RM 81.25 (IQR) and deviation of RM 95 (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.

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DESA RIANG (SUNNY VILLE), Timur Laut, Penang

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Transactions

11 transactions found

RM 450,000
Level 3
904 sqft RM 498.00 PSF
RM 155,000
Level 7
538 sqft RM 288.00 PSF
RM 165,000
Level 11
538 sqft RM 307.00 PSF
RM 450,000
Level 19
904 sqft RM 498.00 PSF
RM 135,000
Level 7
538 sqft RM 251.00 PSF
RM 390,000
Level 11
904 sqft RM 431.00 PSF
RM 156,000
Level 12
538 sqft RM 290.00 PSF
RM 430,000
Level 3
904 sqft RM 476.00 PSF
RM 454,000
Level 19
904 sqft RM 502.00 PSF
RM 175,000
Level 7
538 sqft RM 325.00 PSF
RM 365,000
Level 21
807 sqft RM 452.00 PSF

No Properties For Sale

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

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