Desa Ara
Sungai Ara, 11900 Bayan Lepas, Pulau Pinang, Malaysia
Sungai Ara, 11900 Bayan Lepas, Pulau Pinang, Malaysia
| Road | Price | PSF | Size | Date | Type |
|---|
|
Level 2
|
RM 290,000
|
RM 414
|
700 sqft
|
|
|
|
Level G
|
RM 240,000
|
RM 343
|
700 sqft
|
|
|
Level 1
|
RM 700,000
|
RM 631
|
1,109 sqft
|
|
|
Cangkat Sungai Ara 2
|
RM 698,000
|
RM 413
|
1,690 sqft
|
|
|
|
Cangkat Sungai Ara 2
|
RM 888,000
|
RM 525
|
1,690 sqft
|
|
|
Cangkat Sungai Ara 3
|
RM 830,000
|
RM 451
|
1,841 sqft
|
|
|
Cangkat Sungai Ara 2
|
RM 1,200,000
|
RM 463
|
2,594 sqft
|
|
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Market Snapshot
ResidentialRM 700,000
RM 451 psfMedian transaction price
Sungai Ara, 11900 Bayan Lepas, Pulau Pinang, Malaysia
MapsDesa Ara in Barat Daya, Penang recorded 7 subsale transactions between 2021 and 2026, with a median price of RM 700K and a median price per square foot (PSF) of RM 451.
This area contains both residential and commercial properties. View 45 residential properties or 2 commercial properties separately for more focused analysis.
Price remained flat, and PSF growth was PSF remained flat. The median price is RM 700K, with most transactions falling within a stable range of RM 388K to RM 1.01 million, and a typical market range of RM 592K to RM 808K.
Most transactions involved 2 - 2 1/2 storey terraced, with high diversity across multiple property types.
The median PSF stands at RM 451, with core pricing between RM 365 and RM 537. Market pricing typically extends from RM 350.68 to RM 551.18, reflecting moderate variation in unit pricing. The spread of RM 200.50 (IQR) and deviation of RM 86 (MAD) suggest moderate price variations reflecting different property features.
While the area has shown positive growth trends, price variations suggest a more dynamic market. This presents opportunities for investors comfortable with moderate volatility. Some price volatility exists, making thorough market research essential before transacting. Limited transaction history suggests carefully evaluating comparable sales data.