Desaria

Desa Ria, Bayan Lepas, Pulau Pinang, Malaysia

Property Transactions

5 subsales grouped by road

Period
transactions middle 50% (P25–P75)
RM3,600,000
6,039 sqft
RM596 PSF
RM3,350,000
6,039 sqft
RM555 PSF
RM2,200,000
4,424 sqft
RM497 PSF
RM2,000,000
4,402 sqft
RM454 PSF
RM2,388,000
4,392 sqft
RM544 PSF
Legend Recent Highest Price Highest PSF

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Market Snapshot

Commercial

RM1,250,000

RM882 psf

Median transaction price

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Desa Ria, Bayan Lepas, Pulau Pinang, Malaysia

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Desaria in Barat Daya, Penang recorded 10 subsale transactions between 2021 and 2026, with a median price of RM1.25 million and a median price per square foot (PSF) of RM538.

This area consists exclusively of commercial properties, with no residential listings recorded.

Price remained flat, and PSF growth was PSF remained flat. The median price is RM1.25 million, with most transactions falling within a stable range of RM365K to RM2.14 million, and a typical market range of RM304K to RM2.20 million.

Most transactions involved 3 - 3 1/2 storey shop, with moderate diversity in property types available.

Price per square foot shows a median of RM538, though individual units vary from RM58 to RM1,018 in the core range. The broader market spans RM68.97 to RM1,006.97, indicating diverse property characteristics. A wider spread (IQR: RM938.00) and deviation (MAD: RM480) 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.