Area Intelligence

VILLA RIA

2 properties
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Median Price
RM 870,500
PSF: RM 749

Residential Market

Median Price

RM 870,500

IQR: RM 18
MAD: RM 18
RM 749 PSF

PSF Trends (2021-2025)

VILLA RIA in Timur Laut, Penang recorded 2 subsale transactions between 2021 and 2025, with a median price of RM 871K and a median price per square foot (PSF) of RM 749.

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 871K, with most transactions falling within a stable range of RM 850K to RM 891K, and a typical market range of RM 860K to RM 881K.

Most transactions involved condominium/apartment, with minimal variety in property types.

For price per square foot, the median is RM 749, with most transactions between RM 731 and RM 766. The usual range is RM 739.75 to RM 757.25, showing that most units are priced quite close to each other. A typical spread (IQR) of RM 17.50 and an average deviation (MAD) of RM 18 indicate a highly stable PSF trend across properties.

Overall, the market in this area appears stable with consistent appreciation, making it an attractive option for both investors and homebuyers. The consistent property type and stable pricing make it easier to assess value and compare trends. Limited transaction history suggests carefully evaluating comparable sales data.

Area Location

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VILLA RIA, Timur Laut, Penang

OSM

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Transactions

2 properties grouped by size

1,150 sqft
2 units Condo/Apartment
RM 891,000
1,163 sqft · RM 766.00 PSF
May 2024
RM 850,000
1,163 sqft · RM 731.00 PSF
Apr 2024