Desaria

Desa Ria, Bayan Lepas, Pulau Pinang, Malaysia

Property Transactions

5 subsales grouped by size

Price Size
Period
transactions middle 50% (P25–P75)
RM498,000
Level 1
926 sqft · RM538 PSF
RM500,000
Level 2
926 sqft · RM540 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
1,200 sqft
Shop
RM220,000
Level 1
1,206 sqft · RM182 PSF
Legend Recent Highest Price Highest PSF

Posts about Desaria

What’s happening in Desaria?

No posts about Desaria yet. Be the first to share what’s happening here.

Property News

More property news →

Market Snapshot

Commercial

RM432,000

RM405 psf

Median transaction price

Loading map...

Desa Ria, Bayan Lepas, Pulau Pinang, Malaysia

Maps

Desaria 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.