Kawasan Lembah Ria (Happy Valley)
10470 George Town, Penang, Malaysia
10470 George Town, Penang, Malaysia
| Road | Price | PSF | Size | Date | Type |
|---|
|
Lorong Lembah Ria 3
|
RM 700,000
|
RM 556
|
1,259 sqft
|
|
|
Tingkat Lembah Ria 1
|
RM 300,000
|
RM 191
|
1,568 sqft
|
|
|
Tingkat Lembah Ria 1
|
RM 350,000
|
RM 165
|
2,124 sqft
|
|
|
Tingkat Lembah Ria 4
|
RM 1,080,000
|
RM 327
|
3,300 sqft
|
|
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10470 George Town, Penang, Malaysia
MapsKawasan Lembah Ria (Happy Valley) in Timur Laut, Penang recorded 4 subsale transactions between 2021 and 2026, with a median price of RM 525K and a median price per square foot (PSF) of RM 327.
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 525K, with most transactions falling within a stable range of RM 325K to RM 725K, and a typical market range of RM 300K to RM 754K.
Most transactions involved low-cost house, with high diversity across multiple property types.
Price per square foot shows a median of RM 327, though individual units vary from RM 246 to RM 408 in the core range. The broader market spans RM 227.43 to RM 427.18, indicating diverse property characteristics. The spread of RM 199.75 (IQR) and deviation of RM 81 (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. Significant price variations suggest comparing multiple properties and timing the market carefully. Limited transaction history suggests carefully evaluating comparable sales data.