Sierra Residences
Halaman Sungai Ara, Sierra Residences, 11900 Bayan Lepas, Pulau Pinang, Malaysia
Halaman Sungai Ara, Sierra Residences, 11900 Bayan Lepas, Pulau Pinang, Malaysia
|
Road
|
Price
|
PSF
|
Size
|
Date
|
Type
|
|---|---|---|---|---|---|
| 2023 | |||||
|
Level 17
|
RM 410,000
|
RM 459
|
893 sqft
|
|
Condo |
| 2022 | |||||
|
Level 8
|
RM 400,000
|
RM 448
|
893 sqft
|
|
Condo |
|
Level 11
|
RM 500,000
|
RM 560
|
893 sqft
|
|
Condo |
|
Level 10
|
RM 460,000
|
RM 515
|
893 sqft
|
|
Condo |
| 2021 | |||||
|
Level 26
|
RM 400,000
|
RM 448
|
893 sqft
|
|
Condo |
|
Level 13
|
RM 450,000
|
RM 504
|
893 sqft
|
|
Condo |
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Market Snapshot
ResidentialRM 430,000
RM 481 psfMedian transaction price
Halaman Sungai Ara, Sierra Residences, 11900 Bayan Lepas, Pulau Pinang, Malaysia
MapsSierra Residences in Barat Daya, Penang recorded 6 subsale transactions between 2021 and 2026, sized between 875 and 924 sqft, with a median price of RM 430K and a median price per square foot (PSF) of RM 481.
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 430K, with most transactions falling within a stable range of RM 400K to RM 467K, and a typical market range of RM 402K to RM 458K.
Most transactions involved condominium/apartment, with minimal variety in property types.
For price per square foot, the median is RM 481, with most transactions between RM 440 and RM 523. The usual range is RM 445.31 to RM 517.31, showing that most units are priced quite close to each other. With an IQR of RM 72.00 and MAD of RM 41, 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. Limited transaction history suggests carefully evaluating comparable sales data.