Kawasan Lembah Ria (Happy Valley)

10470 George Town, Penang, Malaysia

Property Transactions

2 subsales grouped by size

Price Size
Period
transactions middle 50% (P25–P75)
1,550 sqft
LC House
RM300,000
Tingkat Lembah Ria 1
1,568 sqft · RM191 PSF
2,100 sqft
LC House
RM350,000
Tingkat Lembah Ria 1
2,124 sqft · RM165 PSF
Legend Recent Highest Price Highest PSF

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Kawasan Lembah Ria (Happy Valley) in Timur Laut, Penang recorded 2 Low-Cost House properties subsale transactions between 2021 and 2026, with a median price of RM325K and a median price per square foot (PSF) of RM178.

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 RM325K, with most transactions falling within a stable range of RM300K to RM350K, and a typical market range of RM300K to RM350K.

Within the Low-Cost House category, low-cost house dominated the market, with high diversity across multiple property types.

For price per square foot, the median is RM178, with most transactions between RM165 and RM191. The usual range is RM78.19 to RM277.94, showing that most units are priced quite close to each other. With an IQR of RM199.75 and MAD of RM13, 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. Significant price variations suggest comparing multiple properties and timing the market carefully. Limited transaction history suggests carefully evaluating comparable sales data.