Arasia Perdana (The Clovers)
Lengkok Merbah 3, Taman Sri Bayan, 11900 Bayan Lepas, Pulau Pinang, Malaysia
Lengkok Merbah 3, Taman Sri Bayan, 11900 Bayan Lepas, Pulau Pinang, Malaysia
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Market Snapshot
ResidentialRM 604,000
RM 464 psfMedian transaction price
Lengkok Merbah 3, Taman Sri Bayan, 11900 Bayan Lepas, Pulau Pinang, Malaysia
MapsArasia Perdana (The Clovers) in Barat Daya, Penang recorded 0 subsale transactions between 2021 and 2026, with a median price of RM 604K and a median price per square foot (PSF) of RM 464.
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 604K, with most transactions falling within a stable range of RM 554K to RM 654K, and a typical market range of RM 557K to RM 651K.
Most transactions involved condominium/apartment, with minimal variety in property types.
For price per square foot, the median is RM 464, with most transactions between RM 428 and RM 500. The usual range is RM 420.38 to RM 507.63, showing that most units are priced quite close to each other. With an IQR of RM 87.25 and MAD of RM 36, 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.