DESA RIANG (SUNNY VILLE)

DESA RIANG (SUNNY VILLE) in Timur Laut, Penang recorded 11 subsale transactions in 2022, with a median price of RM 375K and a median price per square foot (PSF) of RM 440.

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 375K, with most transactions falling within a stable range of RM 510K to RM 400K, and a typical market range of RM 510K to RM 414K.

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

The median PSF stands at RM 440, with core pricing between RM 385 and RM 495. Market pricing typically extends from RM 399.38 to RM 480.63, reflecting moderate variation in unit pricing. With an IQR of RM 81.25 and MAD of RM 55, 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.