DESA ARA

Area Intelligence
2022
Median Price
RM 775,000
PSF: RM 362

Residential PSF Trends

Median Price

RM 775,000

PSF: RM 362

Commercial PSF Trends

Median Price

RM 885,000

RM 884 PSF

DESA ARA in Barat Daya, Penang recorded 14 subsale transactions in 2022, with a median price of RM 775K and a median price per square foot (PSF) of RM 362.

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. The median price is RM 775K, with most transactions falling within a stable range of RM 260K to RM 1.29 million, and a typical market range of RM 660K to RM 890K.

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

Price per square foot shows a median of RM 362, though individual units vary from RM 262 to RM 461 in the core range. The broader market spans RM 261.25 to RM 461.75, indicating diverse property characteristics. A wider spread (IQR: RM 200.50) and deviation (MAD: RM 99) indicate significant PSF variations, likely due to diverse property types or conditions.

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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Transactions

14 transactions found

RM 800,000
LINTANG SUNGAI ARA 1
1,604 sqft RM 499.00 PSF
RM 1,350,000
JALAN SUNGAI ARA 7
3,950 sqft RM 342.00 PSF
RM 175,000
Level 5
517 sqft RM 339.00 PSF
RM 1,530,000
GERBANG SUNGAI ARA 4
4,467 sqft RM 343.00 PSF
RM 700,000
CANGKAT SUNGAI. ARA 2
1,281 sqft RM 546.00 PSF
RM 1,550,000
PERSIARAN SUNGAI ARA 3
5,436 sqft RM 285.00 PSF
RM 165,000
Level 2
506 sqft RM 326.00 PSF
RM 1,365,000
CANGKAT SUNGAIARA 10
2,917 sqft RM 468.00 PSF
RM 290,000
Level 5
700 sqft RM 414.00 PSF
RM 1,230,000
TINGKAT SUNGAI ARA 4
3,800 sqft RM 324.00 PSF
RM 720,000
CANGKAT SUNGAI. ARA 4
1,281 sqft RM 562.00 PSF
RM 1,500,000
JALAN SUNGAI ARA 7
3,950 sqft RM 380.00 PSF
RM 220,000
Level 5
700 sqft RM 314.00 PSF
RM 750,000
CANGKAT SUNGAI ARA 5
1,281 sqft RM 586.00 PSF

No Properties For Sale

There are currently no properties listed for sale in this area.

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