Kawasan Lembah Ria (Happy Valley)

10470 George Town, Penang, Malaysia

Property Transactions

4 subsales grouped by size

Period
transactions middle 50% (P25–P75)
1,250 sqft
Terrace
RM700,000
Lorong Lembah Ria 3
1,259 sqft · RM556 PSF
1,550 sqft
LC House
RM300,000
Tingkat Lembah Ria 1
1,568 sqft · RM191 PSF
2,100 sqft
LC House
RM350,000
Tingkat Lembah Ria 1
2,124 sqft · RM165 PSF
3,300 sqft
Semi-D
RM1,080,000
Tingkat Lembah Ria 4
3,300 sqft · RM327 PSF
Legend Recent Highest Price Highest PSF

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Kawasan Lembah Ria (Happy Valley) in Timur Laut, Penang recorded 4 subsale transactions between 2021 and 2026, with a median price of RM525K and a median price per square foot (PSF) of RM327.

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 RM525K, with most transactions falling within a stable range of RM325K to RM725K, and a typical market range of RM300K to RM754K.

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

Price per square foot shows a median of RM327, though individual units vary from RM246 to RM408 in the core range. The broader market spans RM227.43 to RM427.18, indicating diverse property characteristics. The spread of RM199.75 (IQR) and deviation of RM81 (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. Significant price variations suggest comparing multiple properties and timing the market carefully. Limited transaction history suggests carefully evaluating comparable sales data.