ARASIA PERDANA (THE CLOVERS)

ARASIA PERDANA (THE CLOVERS) in Barat Daya, Penang recorded 8 subsale transactions in 2023, with a median price of RM 534K and a median price per square foot (PSF) of RM 481.

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 534K, with most transactions falling within a stable range of RM 415K to RM 653K, and a typical market range of RM 484K to RM 584K.

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

The median PSF stands at RM 481, with core pricing between RM 427 and RM 534. Market pricing typically extends from RM 439.63 to RM 521.38, reflecting moderate variation in unit pricing. With an IQR of RM 81.75 and MAD of RM 53, 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. Moderate price stability provides a balanced market for both buyers and sellers. Limited transaction history suggests carefully evaluating comparable sales data.