Idaman Melur
Lintang Sungai Ara 9, Sungai Ara, Bayan Lepas, Penang, Malaysia
Lintang Sungai Ara 9, Sungai Ara, Bayan Lepas, Penang, Malaysia
| Road | Price | PSF | Size | Date | Type |
|---|
|
Level 5
|
RM 260,000
|
RM 396
|
657 sqft
|
|
|
|
Level 10
|
RM 230,000
|
RM 350
|
657 sqft
|
|
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Market Snapshot
ResidentialRM 245,000
RM 373 psfMedian transaction price
Idaman Melur, Lintang Sungai Ara 9, Sungai Ara, Bayan Lepas, Penang, Malaysia
MapsIdaman Melur in Barat Daya, Penang recorded 2 subsale transactions in 2021, with a median price of RM 245K and a median price per square foot (PSF) of RM 373.
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 245K, with most transactions falling within a stable range of RM 230K to RM 260K, and a typical market range of RM 240K to RM 250K.
Most transactions involved low-cost flat, with minimal variety in property types.
For price per square foot, the median is RM 373, with most transactions between RM 350 and RM 396. The usual range is RM 365.63 to RM 380.63, showing that most units are priced quite close to each other. A typical spread (IQR) of RM 15.00 and an average deviation (MAD) of RM 23 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.