Desaria

Desa Ria, Bayan Lepas, Pulau Pinang, Malaysia

Property Transactions

3 subsales grouped by size

Price Size
Period
transactions middle 50% (P25–P75)
950 sqft
Office
RM498,000
Level 1
926 sqft · RM538 PSF
1,050 sqft
Office
RM432,000
Level 2
1,066 sqft · RM405 PSF
1,100 sqft
Office
RM430,000
Level 2
1,076 sqft · RM399 PSF
Legend Recent Highest Price Highest PSF

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Market Snapshot

Commercial

RM432,000

RM405 psf

Median transaction price

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Desa Ria, Bayan Lepas, Pulau Pinang, Malaysia

Maps

Desaria in Barat Daya, Penang recorded 3 Office Lot properties subsale transactions between 2021 and 2026, with a median price of RM432K and a median price per square foot (PSF) of RM405.

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 RM432K, with most transactions falling within a stable range of RM430K to RM464K, and a typical market range of RM430K to RM498K.

Within the Office Lot category, 3 - 3 1/2 storey shop dominated the market, with moderate diversity in property types available.

The median PSF stands at RM405, with core pricing between RM341 and RM469. Market pricing typically extends from RM0.00 to RM874.39, reflecting moderate variation in unit pricing. The spread of RM938.00 (IQR) and deviation of RM64 (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.