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 22
|
RM 435,000
|
RM 569
|
764 sqft
|
|
|
|
Level 22
|
RM 435,000
|
RM 569
|
765 sqft
|
|
|
Level 11
|
RM 600,000
|
RM 429
|
1,399 sqft
|
|
|
|
Level 20
|
RM 680,000
|
RM 486
|
1,399 sqft
|
|
|
|
Level 36
|
RM 630,000
|
RM 450
|
1,399 sqft
|
|
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Market Snapshot
ResidentialRM 534,000
RM 480 psfMedian transaction price
Lengkok Merbah 3, Taman Sri Bayan, 11900 Bayan Lepas, Pulau Pinang, Malaysia
MapsArasia 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 480.
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 487K to RM 581K.
Most transactions involved condominium/apartment, with minimal variety in property types.
The median PSF stands at RM 480, with core pricing between RM 427 and RM 534. Market pricing typically extends from RM 436.74 to RM 523.99, reflecting moderate variation in unit pricing. With an IQR of RM 87.25 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.