KAWASAN LEMBAH RIA (HAPPY VALLEY) Property Investment Analysis

13, Timur Laut, Penang

Median Price
RM 525,000
CAGR
-31.9%
Median PSF
RM 259.00
CAGR
-43.4%
Transactions
4
Period
2022-2024

KAWASAN LEMBAH RIA (HAPPY VALLEY) in Timur Laut, Penang recorded 4 subsale transactions between 2021 and 2025, with a median price of RM 525K and a median price per square foot (PSF) of RM 259.

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 259, though individual units vary from RM 178 to RM 340 in the core range. The broader market spans RM 159.13 to RM 358.88, indicating diverse property characteristics. A wider spread (IQR: RM 199.75) and deviation (MAD: RM 81) indicate significant PSF variations, likely due to diverse property types or conditions.

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.

ADVANCED FILTERS

TRANSACTIONS

4 found
Low-Cost House
TINGKAT LEMBAH RIA 1
RM 300,000
PSF: RM 191.00
Area: 1,568 sqft
Date: Aug 2024
Low-Cost House
TINGKAT LEMBAH RIA 1
RM 350,000
PSF: RM 165.00
Area: 2,124 sqft
Date: Aug 2024
1 - 1 1/2 Storey Semi-Detached
TINGKAT LEMBAH RIA 4
RM 1,080,000
PSF: RM 327.00
Area: 3,300 sqft
Date: Sep 2023
1 - 1 1/2 Storey Terraced
LORONG LEMBAH RIA 3
RM 700,000
PSF: RM 556.00
Area: 1,259 sqft
Date: Jul 2022