Casa Ara
Persiaran Relau, Kampung Darat, 11900 Bayan Lepas, Pulau Pinang, Malaysia
Persiaran Relau, Kampung Darat, 11900 Bayan Lepas, Pulau Pinang, Malaysia
|
Road
|
Price
|
PSF
|
Size
|
Date
|
Type
|
|---|---|---|---|---|---|
| 2025 | |||||
|
Level 10
|
RM 320,000
|
RM 487
|
657 sqft
|
|
Flat |
|
Level 18
|
RM 238,000
|
RM 362
|
657 sqft
|
|
Flat |
| 2024 | |||||
|
Level 23
|
RM 320,000
|
RM 457
|
700 sqft
|
|
Flat |
|
Level 16
|
RM 80,000
|
RM 122
|
657 sqft
|
|
Flat |
| 2023 | |||||
|
Level 23
|
RM 201,000
|
RM 287
|
700 sqft
|
|
Flat |
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CASA ARA, Persiaran Relau, Kampung Darat, 11900 Bayan Lepas, Pulau Pinang, Malaysia
MapsCasa Ara in Barat Daya, Penang recorded 5 subsale transactions between 2021 and 2026, with a median price of RM 238K and a median price per square foot (PSF) of RM 362.
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 238K, with most transactions falling within a stable range of RM 156K to RM 320K, and a typical market range of RM 179K to RM 298K.
Most transactions involved flats, with minimal variety in property types.
Price per square foot shows a median of RM 362, though individual units vary from RM 267 to RM 457 in the core range. The broader market spans RM 277.47 to RM 447.47, indicating diverse property characteristics. A wider spread (IQR: RM 170.00) and deviation (MAD: RM 95) indicate significant PSF variations, likely due to diverse property types or conditions.
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.