Area Intelligence

CASA ARA

2 properties
2025
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Median Price
RM 279,000
PSF: RM 425

Residential Market

Median Price

RM 279,000

IQR: RM 170
MAD: RM 95
RM 425 PSF 0.9%

PSF Trends (2021-2025)

CASA ARA in Barat Daya, Penang recorded 2 subsale transactions in 2025, with a median price of RM 279K and a median price per square foot (PSF) of RM 425.

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 279K, with most transactions falling within a stable range of RM 238K to RM 320K, and a typical market range of RM 238K to RM 320K.

Most transactions involved flats, with minimal variety in property types.

The median PSF stands at RM 425, with core pricing between RM 362 and RM 487. Market pricing typically extends from RM 339.50 to RM 509.50, reflecting moderate variation in unit pricing. With an IQR of RM 170.00 and MAD of RM 63, 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.

Area Location

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CASA ARA, Barat Daya, Penang

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Transactions

2 properties grouped by size

650 sqft
2 units Flat
RM 320,000
657 sqft · RM 487.00 PSF
May 2025
RM 238,000
657 sqft · RM 362.00 PSF
Apr 2025