DESA RIANG (SUNNY VILLE)

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 260K to RM 340K, and a typical market range of RM 261K to RM 339K.

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

The median PSF stands at RM 372, with core pricing between RM 330 and RM 415. Market pricing typically extends from RM 331.38 to RM 412.63, 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. Moderate price stability provides a balanced market for both buyers and sellers. Limited transaction history suggests carefully evaluating comparable sales data.