KAWASAN LEMBAH RIA (HAPPY VALLEY)

KAWASAN LEMBAH RIA (HAPPY VALLEY) in Timur Laut, Penang recorded 1 subsale transactions in 2022, with a median price of RM 700K and a median price per square foot (PSF) of RM 556.

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

Price remained flat, and PSF growth was PSF remained flat.

Most transactions involved low-cost house, with high diversity across multiple property types.

For price per square foot, the median is RM 556, with most transactions between RM 556 and RM 556. The usual range is RM 456.13 to RM 655.88, showing that most units are priced quite close to each other. With an IQR of RM 199.75 and MAD of RM 0, 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. Some price volatility exists, making thorough market research essential before transacting. Limited transaction history suggests carefully evaluating comparable sales data.