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 8
|
RM 250,000
|
RM 381
|
657 sqft
|
|
|
|
Level 12
|
RM 250,000
|
RM 381
|
657 sqft
|
|
|
|
Level 13
|
RM 260,000
|
RM 396
|
657 sqft
|
|
|
|
Level 14
|
RM 245,000
|
RM 373
|
657 sqft
|
|
|
|
Level 12
|
RM 270,000
|
RM 411
|
657 sqft
|
|
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Market Snapshot
ResidentialRM 250,000
RM 381 psfMedian transaction price
Idaman Melur, Lintang Sungai Ara 9, Sungai Ara, Bayan Lepas, Penang, Malaysia
MapsIdaman Melur in Barat Daya, Penang recorded 5 subsale transactions in 2023, with a median price of RM 250K and a median price per square foot (PSF) of RM 381.
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 250K, with most transactions falling within a stable range of RM 245K to RM 259K, and a typical market range of RM 245K to RM 255K.
Most transactions involved low-cost flat, with minimal variety in property types.
For price per square foot, the median is RM 381, with most transactions between RM 367 and RM 394. The usual range is RM 373.25 to RM 388.25, 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 14 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.