ARASIA PERDANA (THE CLOVERS)

ARASIA PERDANA (THE CLOVERS) in Barat Daya, Penang recorded 14 subsale transactions in 2021, with a median price of RM 597K and a median price per square foot (PSF) of RM 454.

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 597K, with most transactions falling within a stable range of RM 504K to RM 690K, and a typical market range of RM 547K to RM 647K.

Most transactions involved condominium/apartment, with minimal variety in property types.

The median PSF stands at RM 454, with core pricing between RM 404 and RM 504. Market pricing typically extends from RM 413.13 to RM 494.88, reflecting moderate variation in unit pricing. With an IQR of RM 81.75 and MAD of RM 50, 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.