Fairview Residence
Cangkat Sungai Ara 6A, Sungai Ara, 11900 Bayan Lepas, Pulau Pinang, Malaysia
Cangkat Sungai Ara 6A, Sungai Ara, 11900 Bayan Lepas, Pulau Pinang, Malaysia
|
Road
|
Price
|
PSF
|
Size
|
Date
|
Type
|
|---|---|---|---|---|---|
| 2022 | |||||
|
Level 14
|
RM 388,000
|
RM 515
|
753 sqft
|
|
Condo |
|
Level 7
|
RM 388,000
|
RM 515
|
753 sqft
|
|
Condo |
|
Level 29
|
RM 433,000
|
RM 551
|
786 sqft
|
|
Condo |
|
Level 25
|
RM 443,000
|
RM 564
|
786 sqft
|
|
Condo |
|
Level 27
|
RM 428,000
|
RM 568
|
753 sqft
|
|
Condo |
|
Level 21
|
RM 428,000
|
RM 568
|
753 sqft
|
|
Condo |
|
Level 13
|
RM 388,000
|
RM 515
|
753 sqft
|
|
Condo |
|
Level 16
|
RM 388,000
|
RM 515
|
753 sqft
|
|
Condo |
|
Level 26
|
RM 408,000
|
RM 541
|
753 sqft
|
|
Condo |
|
Level 19
|
RM 388,000
|
RM 515
|
753 sqft
|
|
Condo |
|
Level 29
|
RM 418,000
|
RM 555
|
753 sqft
|
|
Condo |
|
Level 31
|
RM 433,000
|
RM 551
|
786 sqft
|
|
Condo |
|
Level 21
|
RM 403,000
|
RM 513
|
786 sqft
|
|
Condo |
|
Level 9
|
RM 403,000
|
RM 513
|
786 sqft
|
|
Condo |
|
Level 30
|
RM 418,000
|
RM 555
|
753 sqft
|
|
Condo |
|
Level 28
|
RM 408,000
|
RM 541
|
753 sqft
|
|
Condo |
|
Level 25
|
RM 408,000
|
RM 541
|
753 sqft
|
|
Condo |
|
Level 20
|
RM 388,000
|
RM 515
|
753 sqft
|
|
Condo |
|
Level 19
|
RM 388,000
|
RM 515
|
753 sqft
|
|
Condo |
|
Level 14
|
RM 388,000
|
RM 515
|
753 sqft
|
|
Condo |
|
Level 11
|
RM 388,000
|
RM 515
|
753 sqft
|
|
Condo |
|
Level 10
|
RM 403,000
|
RM 535
|
753 sqft
|
|
Condo |
|
Level 10
|
RM 388,000
|
RM 515
|
753 sqft
|
|
Condo |
|
Level 19
|
RM 403,000
|
RM 513
|
786 sqft
|
|
Condo |
|
Level 28
|
RM 408,000
|
RM 541
|
753 sqft
|
|
Condo |
|
Level 27
|
RM 408,000
|
RM 541
|
753 sqft
|
|
Condo |
|
Level 26
|
RM 408,000
|
RM 541
|
753 sqft
|
|
Condo |
|
Level 23
|
RM 408,000
|
RM 541
|
753 sqft
|
|
Condo |
|
Level 28
|
RM 408,000
|
RM 541
|
753 sqft
|
|
Condo |
|
Level 21
|
RM 388,000
|
RM 515
|
753 sqft
|
|
Condo |
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Market Snapshot
ResidentialRM 405,500
RM 538 psfMedian transaction price
Cangkat Sungai Ara 6A, Sungai Ara, 11900 Bayan Lepas, Pulau Pinang, Malaysia
MapsFairview Residence in Barat Daya, Penang recorded 30 subsale transactions in 2022, with a median price of RM 406K and a median price per square foot (PSF) of RM 538.
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 406K, with most transactions falling within a stable range of RM 390K to RM 421K, and a typical market range of RM 396K to RM 416K.
Most transactions involved condominium/apartment, with minimal variety in property types.
For price per square foot, the median is RM 538, with most transactions between RM 520 and RM 557. The usual range is RM 497.18 to RM 579.18, showing that most units are priced quite close to each other. With an IQR of RM 82.00 and MAD of RM 19, the PSF demonstrates reasonable consistency across the market.
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. Moderate transaction volume may require patience when buying or selling.