Desaria

Desa Ria, Bayan Lepas, Pulau Pinang, Malaysia

Property Transactions

3 subsales found

Median
RM2,200,000
PSF
RM497
Price Size
Period
transactions middle 50% (P25–P75)
RM2,200,000
Jalan Kenari
4,424 sqft RM497 PSF
RM2,000,000
Tingkat Kenari
4,402 sqft RM454 PSF
RM2,388,000
Tingkat Kenari 6
4,392 sqft RM544 PSF
Legend Recent Highest Price Highest PSF

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RM2,200,000
Median sold price
RM497 psf on average

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RM2,200,000 median

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Market Snapshot

Commercial

RM2,200,000

RM497 psf

Median transaction price

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Desa Ria, Bayan Lepas, Pulau Pinang, Malaysia

Maps

Desaria in Barat Daya, Penang recorded 3 subsale transactions between 2021 and 2026, sized between 4,375 and 4,424 sqft, with a median price of RM2.20 million and a median price per square foot (PSF) of RM497.

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 RM2.20 million, with most transactions falling within a stable range of RM2.04 million to RM2.36 million, and a typical market range of RM2.00 million to RM2.39 million.

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

For price per square foot, the median is RM497, with most transactions between RM461 and RM534. The usual range is RM28.29 to RM966.29, showing that most units are priced quite close to each other. With an IQR of RM938.00 and MAD of RM37, the PSF demonstrates reasonable consistency across the market.

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.

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