CASA RICA

Area Intelligence
2022
Median Price
RM 2,218,500
PSF: RM 567

Residential PSF Trends

Median Price

RM 2,218,500

PSF: RM 567

CASA RICA in Barat Daya, Penang recorded 4 subsale transactions in 2022, with a median price of RM 2.22 million and a median price per square foot (PSF) of RM 567.

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 2.22 million, with most transactions falling within a stable range of RM 2.18 million to RM 2.25 million, and a typical market range of RM 2.19 million to RM 2.25 million.

Most transactions involved 2 - 2 1/2 storey semi-detached, with minimal variety in property types.

For price per square foot, the median is RM 567, with most transactions between RM 547 and RM 587. The usual range is RM 558.88 to RM 575.13, showing that most units are priced quite close to each other. A typical spread (IQR) of RM 16.25 and an average deviation (MAD) of RM 20 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.

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CASA RICA, Barat Daya, Penang

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Transactions

4 transactions grouped by size

3,700 sqft
Double Storey Semi-D
RM 2,253,000
JALAN CHANGKAT SUNGAI ARA 6
3,703 sqft · RM 608 PSF
RM 2,143,000
JALAN CHANGKAT SUNGAI ARA 6
3,724 sqft · RM 575 PSF
3,950 sqft
Double Storey Semi-D
RM 2,207,000
JALAN CHANGKAT SUNGAI ARA 6
3,950 sqft · RM 559 PSF
4,000 sqft
Double Storey Semi-D
RM 2,230,000
JALAN CHANGKAT SUNGAI ARA 6
4,004 sqft · RM 557 PSF

No Properties For Sale

There are currently no properties listed for sale in this area.

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