ARASIA PERDANA (THE CLOVERS) in Barat Daya, Penang recorded 3 subsale transactions in 2024, with a median price of RM 415K and a median price per square foot (PSF) of RM 542.
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 415K, with most transactions falling within a stable range of RM 365K to RM 465K, and a typical market range of RM 368K to RM 462K.
Most transactions involved condominium/apartment, with minimal variety in property types.
For price per square foot, the median is RM 542, with most transactions between RM 506 and RM 578. The usual range is RM 498.38 to RM 585.63, 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. Moderate price stability provides a balanced market for both buyers and sellers. Limited transaction history suggests carefully evaluating comparable sales data.