Desa Ria
Bayan Lepas, Pulau Pinang, Malaysia
Bayan Lepas, Pulau Pinang, Malaysia
| Road | Price | PSF | Size | Date | Type |
|---|
|
Level 1-2
|
RM550,000
|
RM501
|
1,098 sqft
|
|
|
Lorong Kenari 10
|
RM938,000
|
RM581
|
1,615 sqft
|
|
|
Lorong Kenari 15
|
RM950,000
|
RM538
|
1,765 sqft
|
|
|
Lorong Kenari 14
|
RM900,000
|
RM459
|
1,959 sqft
|
|
|
Pintasan Kenari
|
RM1,200,000
|
RM267
|
4,499 sqft
|
|
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Desa Ria
PSF median price per sq ft · 12m its change over the past 12 months
Most-traded areas in this mukim, by number of recorded subsale transactions. See every area in 12
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Market Snapshot
ResidentialRM938,000
RM501 psfMedian transaction price
Desa Ria, Bayan Lepas, Pulau Pinang, Malaysia
MapsDesa 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.