DESA RIANG (SUNNY VILLE)

DESA RIANG (SUNNY VILLE) in Timur Laut, Penang recorded 19 subsale transactions in 2024, with a median price of RM 390K and a median price per square foot (PSF) of RM 420.

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 390K, with most transactions falling within a stable range of RM 350K to RM 430K, and a typical market range of RM 351K to RM 429K.

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

The median PSF stands at RM 420, with core pricing between RM 378 and RM 463. Market pricing typically extends from RM 379.38 to RM 460.63, reflecting moderate variation in unit pricing. With an IQR of RM 81.25 and MAD of RM 43, 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.