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 |
|---|
|
Level 17
|
RM 415,000
|
RM 583
|
712 sqft
|
|
|
|
Level 26
|
RM 398,000
|
RM 559
|
712 sqft
|
|
|
|
Level 16
|
RM 417,000
|
RM 586
|
712 sqft
|
|
|
Level 30
|
RM 710,000
|
RM 508
|
1,399 sqft
|
|
|
|
Level 16
|
RM 600,000
|
RM 429
|
1,399 sqft
|
|
|
|
Level 20
|
RM 600,000
|
RM 429
|
1,399 sqft
|
|
|
|
Level 11
|
RM 620,000
|
RM 443
|
1,399 sqft
|
|
|
|
Level 12
|
RM 630,000
|
RM 450
|
1,399 sqft
|
|
|
|
Level 8
|
RM 620,000
|
RM 443
|
1,399 sqft
|
|
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Market Snapshot
ResidentialRM 620,000
RM 450 psfMedian transaction price
Lengkok Merbah 3, Taman Sri Bayan, 11900 Bayan Lepas, Pulau Pinang, Malaysia
MapsArasia Perdana (The Clovers) in Barat Daya, Penang recorded 24 subsale transactions in 2022, with a median price of RM 620K and a median price per square foot (PSF) of RM 450.
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 620K, with most transactions falling within a stable range of RM 505K to RM 735K, and a typical market range of RM 573K to RM 667K.
Most transactions involved condominium/apartment, with minimal variety in property types.
The median PSF stands at RM 450, with core pricing between RM 396 and RM 505. Market pricing typically extends from RM 406.70 to RM 493.95, reflecting moderate variation in unit pricing. With an IQR of RM 87.25 and MAD of RM 54, 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. Moderate transaction volume may require patience when buying or selling.