Kawasan Lembah Ria (Happy Valley)

10470 George Town, Penang, Malaysia

Property Transactions

4 subsales grouped by road

Period
transactions middle 50% (P25–P75)
RM300,000
1,568 sqft
RM191 PSF
RM350,000
2,124 sqft
RM165 PSF
RM1,080,000
3,300 sqft
RM327 PSF
RM700,000
1,259 sqft
RM556 PSF
Legend Recent Highest Price Highest PSF

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Kawasan Lembah Ria (Happy Valley) in Timur Laut, Penang recorded 4 subsale transactions between 2021 and 2026, with a median price of RM525K and a median price per square foot (PSF) of RM327.

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 RM525K, with most transactions falling within a stable range of RM325K to RM725K, and a typical market range of RM300K to RM754K.

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

Price per square foot shows a median of RM327, though individual units vary from RM246 to RM408 in the core range. The broader market spans RM227.43 to RM427.18, indicating diverse property characteristics. The spread of RM199.75 (IQR) and deviation of RM81 (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.