Kawasan Lembah Ria (Happy Valley)

10470 George Town, Penang, Malaysia

Property Transactions

3 subsales grouped by size

Median
RM 350,000
PSF
RM 191
Price Size
1,550 sqft
LC House
RM 300,000
Tingkat Lembah Ria 1
1,568 sqft · RM 191 PSF
2,100 sqft
LC House
RM 350,000
Tingkat Lembah Ria 1
2,124 sqft · RM 165 PSF
3,300 sqft
Semi-D
RM 1,080,000
Tingkat Lembah Ria 4
3,300 sqft · RM 327 PSF
Legend Recent Highest Price Highest PSF

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Kawasan Lembah Ria (Happy Valley) in Timur Laut, Penang recorded 3 subsale transactions between 2021 and 2026, with a median price of RM 350K and a median price per square foot (PSF) of RM 191.

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 350K, with most transactions falling within a stable range of RM 300K to RM 706K, and a typical market range of RM 300K to RM 579K.

Most transactions involved low-cost house, with high diversity across multiple property types.

Price per square foot shows a median of RM 191, though individual units vary from RM 120 to RM 262 in the core range. The broader market spans RM 91.43 to RM 291.18, indicating diverse property characteristics. A wider spread (IQR: RM 199.75) and deviation (MAD: RM 71) 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.