SUNGAI ARA Property Investment Analysis

12, Barat Daya, Penang

Median Price
RM 160,000
CAGR
-43.8%
Median PSF
RM 296.00
CAGR
-19.6%
Transactions
9
Period
2021-2024

SUNGAI ARA in Barat Daya, Penang recorded 9 subsale transactions between 2021 and 2025, with a median price of RM 160K and a median price per square foot (PSF) of RM 296.

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 160K, with most transactions falling within a stable range of RM 140K to RM 180K, and a typical market range of RM 144K to RM 177K.

Most transactions involved low-cost flat, with moderate diversity in property types available.

The median PSF stands at RM 296, with core pricing between RM 255 and RM 337. Market pricing typically extends from RM 266.00 to RM 326.00, reflecting moderate variation in unit pricing. With an IQR of RM 60.00 and MAD of RM 41, the PSF demonstrates reasonable consistency across the market.

While the area has shown positive growth trends, price variations suggest a more dynamic market. This presents opportunities for investors comfortable with moderate volatility. Significant price variations suggest comparing multiple properties and timing the market carefully. Limited transaction history suggests carefully evaluating comparable sales data.

ADVANCED FILTERS

TRANSACTIONS

9 found
Low-Cost Flat
RM 160,000
PSF: RM 291.00
Area: 549 sqft
Date: Jul 2024
Low-Cost Flat
RM 173,000
PSF: RM 315.00
Area: 549 sqft
Date: Feb 2024
Flat
RM 140,000
PSF: RM 255.00
Area: 549 sqft
Date: Nov 2023
Low-Cost Flat
RM 165,000
PSF: RM 301.00
Area: 549 sqft
Date: Nov 2023
2 - 2 1/2 Storey Semi-Detached
PERSIARAN SG ARA 2
RM 1,550,000
PSF: RM 343.00
Area: 4,521 sqft
Date: Mar 2023
Low-Cost Flat
RM 138,000
PSF: RM 251.00
Area: 549 sqft
Date: Feb 2023
Low-Cost Flat
RM 160,000
PSF: RM 296.00
Area: 541 sqft
Date: Nov 2022
Low-Cost Flat
RM 125,000
PSF: RM 228.00
Area: 549 sqft
Date: May 2022
2 - 2 1/2 Storey Terraced
LRG KENARI
RM 940,000
PSF: RM 582.00
Area: 1,615 sqft
Date: Dec 2021