Penang
Barat Daya
12
DESA ARA

DESA ARA

Area Intelligence

2024

Median Price

RM 270,000

PSF: RM 386

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Residential PSF Trends

Median Price

RM 270,000

PSF: RM 386

Commercial PSF Trends

Median Price

RM 885,000

RM 884 PSF

DESA ARA in Barat Daya, Penang recorded 1 subsale transactions in 2024, with a median price of RM 270K and a median price per square foot (PSF) of RM 386.

This area contains both residential and commercial properties. View 41 residential properties or 2 commercial properties separately for more focused analysis.

Price remained flat, and PSF growth was PSF remained flat.

Most transactions involved 2 - 2 1/2 storey terraced, with high diversity across multiple property types.

For price per square foot, the median is RM 386, with most transactions between RM 386 and RM 386. The usual range is RM 285.75 to RM 486.25, showing that most units are priced quite close to each other. With an IQR of RM 200.50 and MAD of RM 0, the PSF demonstrates reasonable consistency across the market.

While the area has shown positive growth trends, price variations suggest a more dynamic market. This presents opportunities for investors comfortable with moderate volatility. Significant price variations suggest comparing multiple properties and timing the market carefully. Limited transaction history suggests carefully evaluating comparable sales data.

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DESA ARA, Barat Daya, Penang

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