Desaria
Desa Ria, Bayan Lepas, Pulau Pinang, Malaysia
Desa Ria, Bayan Lepas, Pulau Pinang, Malaysia
| Road | Price | PSF | Size | Date | Type |
|---|
|
Level 1
|
RM498,000
|
RM538
|
926 sqft
|
|
Office |
|
Level 2
|
RM500,000
|
RM540
|
926 sqft
|
|
Shop |
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Desaria
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
CommercialRM432,000
RM405 psfMedian transaction price
Desa Ria, Bayan Lepas, Pulau Pinang, Malaysia
MapsDesaria in Barat Daya, Penang recorded 5 subsale transactions in 2023, 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 RM329K to RM500K, and a typical market range of RM220K to RM500K.
Most transactions involved 3 - 3 1/2 storey shop, with moderate diversity in property types available.
Price per square foot shows a median of RM405, though individual units vary from RM275 to RM536 in the core range. The broader market spans RM0.00 to RM874.39, indicating diverse property characteristics. A wider spread (IQR: RM938.00) and deviation (MAD: RM131) 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.