Penang
Timur Laut
13
DESA RIANG (SUNNY VILLE)

DESA RIANG (SUNNY VILLE)

Area Intelligence

2021

Median Price

RM 237,500

PSF: RM 349

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Residential PSF Trends

Median Price

RM 237,500

PSF: RM 349

DESA RIANG (SUNNY VILLE) in Timur Laut, Penang recorded 8 subsale transactions in 2021, with a median price of RM 238K and a median price per square foot (PSF) of RM 349.

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 238K, with most transactions falling within a stable range of RM 180K to RM 295K, and a typical market range of RM 198K to RM 277K.

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

The median PSF stands at RM 349, with core pricing between RM 311 and RM 386. Market pricing typically extends from RM 307.88 to RM 389.13, reflecting moderate variation in unit pricing. With an IQR of RM 81.25 and MAD of RM 37, the PSF demonstrates reasonable consistency across the market.

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

5 transactions grouped by size

Popular Ranges

Under RM 300k RM 300k - 500k RM 500k - 750k RM 750k - 1M RM 1M - 2M RM 2M+

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Size Range (sqft)

Popular Ranges

Under 1,000 sqft 1,000 - 2,000 sqft 2,000 - 3,000 sqft 3,000 - 5,000 sqft 5,000 - 10,000 sqft 10,000+ sqft

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Road	Price	Land PSF	Land	Date	Type

550 sqft

Low-Cost Flat

550 sqft

Low-Cost Flat

RM 175,000

Level 6

538 sqft · RM 325 PSF

Nov 2021

RM 160,000

Level 11

538 sqft · RM 297 PSF

Oct 2021

RM 150,000

Level 15

538 sqft · RM 279 PSF

Jul 2021

RM 145,000

Level 11

538 sqft · RM 269 PSF

Feb 2021

Level 6	RM 175,000	RM 325	538 sqft	Nov 2021
Level 11	RM 160,000	RM 297	538 sqft	Oct 2021
Level 15	RM 150,000	RM 279	538 sqft	Jul 2021
Level 11	RM 145,000	RM 269	538 sqft	Feb 2021