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
|
Road
|
Price
|
PSF
|
Size
|
Date
|
Type
|
|---|---|---|---|---|---|
| 2024 | |||||
|
Level 26
|
RM 415,000
|
RM 542
|
765 sqft
|
|
Condo |
|
Level 28
|
RM 400,000
|
RM 523
|
765 sqft
|
|
Condo |
|
Level 10
|
RM 470,000
|
RM 614
|
765 sqft
|
|
Condo |
| 2023 | |||||
|
Level 22
|
RM 435,000
|
RM 569
|
764 sqft
|
|
Condo |
|
Level 22
|
RM 435,000
|
RM 569
|
765 sqft
|
|
Condo |
| 2021 | |||||
|
Level 10
|
RM 435,000
|
RM 569
|
765 sqft
|
|
Condo |
|
Level 33
|
RM 405,000
|
RM 529
|
765 sqft
|
|
Condo |
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Market Snapshot
ResidentialRM 435,000
RM 569 psfMedian transaction price
Lengkok Merbah 3, Taman Sri Bayan, 11900 Bayan Lepas, Pulau Pinang, Malaysia
MapsArasia Perdana (The Clovers) in Barat Daya, Penang recorded 7 subsale transactions between 2021 and 2026, sized between 725 and 774 sqft, with a median price of RM 435K and a median price per square foot (PSF) of RM 569.
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 435K, with most transactions falling within a stable range of RM 413K to RM 457K, and a typical market range of RM 400K to RM 470K.
Most transactions involved condominium/apartment, with minimal variety in property types.
For price per square foot, the median is RM 569, with most transactions between RM 540 and RM 597. The usual range is RM 525.01 to RM 612.26, showing that most units are priced quite close to each other. With an IQR of RM 87.25 and MAD of RM 29, 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.