Desa Ria

Bayan Lepas, Pulau Pinang, Malaysia

Property Transactions

5 subsales grouped by size

Price Size
Period
transactions middle 50% (P25–P75)
1,100 sqft
Townhouse
RM550,000
Level 1-2
1,098 sqft · RM501 PSF
1,600 sqft
2-Sty Terrace
RM938,000
Lorong Kenari 10
1,615 sqft · RM581 PSF
1,750 sqft
2-Sty Terrace
RM950,000
Lorong Kenari 15
1,765 sqft · RM538 PSF
1,950 sqft
2-Sty Terrace
RM900,000
Lorong Kenari 14
1,959 sqft · RM459 PSF
4,500 sqft
Bungalow
RM1,200,000
Pintasan Kenari
4,499 sqft · RM267 PSF
Legend Recent Highest Price Highest PSF

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Market Snapshot

Residential

RM938,000

RM501 psf

Median transaction price

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Desa Ria, Bayan Lepas, Pulau Pinang, Malaysia

Maps

Desa Ria in Barat Daya, Penang recorded 5 subsale transactions in 2023, with a median price of RM938K and a median price per square foot (PSF) of RM501.

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 RM938K, with most transactions falling within a stable range of RM730K to RM1.15 million, and a typical market range of RM796K to RM1.08 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 RM501, though individual units vary from RM392 to RM610 in the core range. The broader market spans RM393.33 to RM608.58, indicating diverse property characteristics. The spread of RM215.25 (IQR) and deviation of RM109 (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. Some price volatility exists, making thorough market research essential before transacting. Limited transaction history suggests carefully evaluating comparable sales data.