Desa Ria

Bayan Lepas, Pulau Pinang, Malaysia

Property Transactions

11 subsales grouped by size

Median
RM1,050,000
PSF
RM530
Price Size
Period
transactions middle 50% (P25–P75)
1,000 sqft
Townhouse
RM660,000
Level 1
990 sqft · RM666 PSF
1,100 sqft
Townhouse
RM628,000
Level 1-2
1,109 sqft · RM566 PSF
1,200 sqft
2-Sty Terrace
RM1,200,000
Lengkok Kenari 2
1,216 sqft · RM987 PSF
1,600 sqft
2-Sty Terrace
RM960,000
Lorong Kenari 15
1,615 sqft · RM595 PSF
RM1,030,000
Lorong Kenari 10
1,615 sqft · RM638 PSF
1,750 sqft
2-Sty Terrace
RM930,000
Lorong Kenari 14
1,755 sqft · RM530 PSF
3,200 sqft
Semi-D
RM1,100,000
Jalan Kenari
3,197 sqft · RM344 PSF
4,000 sqft
Bungalow
RM1,070,000
Lorong Kenari 3
4,004 sqft · RM267 PSF
RM1,450,000
Lorongg Kenari 5
4,004 sqft · RM362 PSF
4,500 sqft
Bungalow
RM1,170,000
Pintasan Kenari
4,499 sqft · RM260 PSF
RM1,050,000
Pintasan Kenari
4,500 sqft · RM233 PSF
Legend Recent Highest Price Highest PSF

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Market Snapshot

Residential

RM1,050,000

RM530 psf

Median transaction price

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Desa Ria, Bayan Lepas, Pulau Pinang, Malaysia

Maps

Desa Ria in Barat Daya, Penang recorded 11 subsale transactions in 2022, with a median price of RM1.05 million and a median price per square foot (PSF) of RM530.

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 RM1.05 million, with most transactions falling within a stable range of RM827K to RM1.27 million, and a typical market range of RM908K to RM1.19 million.

Most transactions involved 2 - 2 1/2 storey terraced, with high diversity across multiple property types.

Price per square foot shows a median of RM530, though individual units vary from RM312 to RM748 in the core range. The broader market spans RM422.43 to RM637.69, indicating diverse property characteristics. A wider spread (IQR: RM215.25) and deviation (MAD: RM218) 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. Some price volatility exists, making thorough market research essential before transacting. Limited transaction history suggests carefully evaluating comparable sales data.