Area Intelligence

DESA RIANG (SUNNY VILLE)

11 properties
2022
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Median Price
RM 375,000
PSF: RM 440

Residential Market

Median Price

RM 375,000

IQR: RM 80
MAD: RM 40
RM 440 PSF 4.1%

PSF Trends (2021-2025)

PROPERTY TYPES OVERVIEW

DESA RIANG (SUNNY VILLE) in Timur Laut, Penang recorded 11 subsale transactions in 2022, with a median price of RM 375K and a median price per square foot (PSF) of RM 440.

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

Price remained flat, and PSF growth was PSF remained flat. The median price is RM 375K, with most transactions falling within a stable range of RM 254K to RM 496K, and a typical market range of RM 336K to RM 415K.

Most transactions involved condominium/apartment, though some variety exists in the market.

Price per square foot shows a median of RM 440, though individual units vary from RM 351 to RM 529 in the core range. The broader market spans RM 400.00 to RM 480.00, indicating diverse property characteristics. The spread of RM 80.00 (IQR) and deviation of RM 89 (MAD) suggest moderate price variations reflecting different property features.

Overall, the market in this area appears stable with consistent appreciation, making it an attractive option for both investors and homebuyers. Moderate price stability provides a balanced market for both buyers and sellers. Limited transaction history suggests carefully evaluating comparable sales data.

Area Location

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DESA RIANG (SUNNY VILLE), Timur Laut, Penang

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Transactions

11 properties grouped by size

550 sqft
2 units Low-Cost Flat
RM 180,000
538 sqft · RM 334.00 PSF
Dec 2022
RM 140,000
538 sqft · RM 260.00 PSF
May 2022
800 sqft
4 units Condo/Apartment
RM 360,000
807 sqft · RM 446.00 PSF
Oct 2022
RM 345,000
807 sqft · RM 427.00 PSF
Sep 2022
RM 350,000
807 sqft · RM 434.00 PSF
Jun 2022
RM 375,000
807 sqft · RM 465.00 PSF
Apr 2022
900 sqft
3 units Condo/Apartment
RM 470,000
904 sqft · RM 520.00 PSF
Aug 2022
RM 560,000
904 sqft · RM 619.00 PSF
Jul 2022
RM 380,000
904 sqft · RM 420.00 PSF
Feb 2022
1,000 sqft
2 units Condo/Apartment
RM 440,000
1,001 sqft · RM 440.00 PSF
Sep 2022
RM 510,000
1,001 sqft · RM 509.00 PSF
Jul 2022