Desa Ara
Sungai Ara, 11900 Bayan Lepas, Pulau Pinang, Malaysia
Sungai Ara, 11900 Bayan Lepas, Pulau Pinang, Malaysia
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Market Snapshot
ResidentialRM 1,230,000
RM 324 psfMedian transaction price
Sungai Ara, 11900 Bayan Lepas, Pulau Pinang, Malaysia
MapsDesa Ara in Barat Daya, Penang recorded 1 subsale transactions between 2021 and 2026, sized between 3,775 and 3,824 sqft, with a median price of RM 1.23 million and a median price per square foot (PSF) of RM 324.
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.
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 324, with most transactions between RM 324 and RM 324. The usual range is RM 223.46 to RM 423.96, 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.
Overall, the market in this area appears stable with consistent appreciation, making it an attractive option for both investors and homebuyers. Despite diverse property types, prices remain relatively stable, offering options for different buyer preferences. Limited transaction history suggests carefully evaluating comparable sales data.