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 300K to RM 365K, and a typical market range of RM 300K 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 307 and RM 437. Market pricing typically extends from RM 331.38 to RM 412.63, reflecting moderate variation in unit pricing. The spread of RM 81.25 (IQR) and deviation of RM 65 (MAD) suggest moderate price variations reflecting different property features.

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.

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DESA RIANG (SUNNY VILLE), Timur Laut, Penang

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Transactions

5 transactions grouped by size

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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