ARASIA PERDANA (THE CLOVERS)

ARASIA PERDANA (THE CLOVERS) in Barat Daya, Penang recorded 4 subsale transactions in 2023, with a median price of RM 435K and a median price per square foot (PSF) of RM 560.

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 408K to RM 462K, and a typical market range of RM 392K to RM 468K.

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

For price per square foot, the median is RM 560, with most transactions between RM 521 and RM 599. The usual range is RM 516.38 to RM 603.63, showing that most units are priced quite close to each other. With an IQR of RM 87.25 and MAD of RM 39, 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.