DESA RIANG (SUNNY VILLE)

Area Intelligence
2021
Median Price
RM 300,000
PSF: RM 372

Residential PSF Trends

Median Price

RM 300,000

PSF: RM 372

DESA RIANG (SUNNY VILLE) in Timur Laut, Penang recorded 9 subsale transactions in 2021, with a median price of RM 300K and a median price per square foot (PSF) of RM 372.

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 300K, with most transactions falling within a stable range of RM 171K to RM 429K, and a typical market range of RM 261K to RM 339K.

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

Price per square foot shows a median of RM 372, though individual units vary from RM 283 to RM 461 in the core range. The broader market spans RM 331.38 to RM 412.63, indicating diverse property characteristics. The spread of RM 81.25 (IQR) and deviation of RM 89 (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

9 transactions grouped by size

550 sqft
Low-Cost Flat
RM 175,000
Level 6
538 sqft · RM 325 PSF
RM 160,000
Level 11
538 sqft · RM 297 PSF
RM 150,000
Level 15
538 sqft · RM 279 PSF
RM 145,000
Level 11
538 sqft · RM 269 PSF
800 sqft
Condo/Apartment
RM 300,000
Level 12
807 sqft · RM 372 PSF
900 sqft
Condo/Apartment
RM 385,000
Level 21
904 sqft · RM 426 PSF
RM 500,000
Level 22
904 sqft · RM 553 PSF
RM 420,000
Level 13
904 sqft · RM 465 PSF
1,000 sqft
Condo/Apartment
RM 385,000
Level 16
1,001 sqft · RM 385 PSF

No Properties For Sale

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

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