DESA ARA

Area Intelligence
2023
Median Price
RM 718,000
PSF: RM 527

Residential PSF Trends

Median Price

RM 718,000

PSF: RM 527

Commercial PSF Trends

Median Price

RM 885,000

RM 884 PSF

DESA ARA in Barat Daya, Penang recorded 13 subsale transactions in 2023, with a median price of RM 718K and a median price per square foot (PSF) of RM 527.

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 718K, with most transactions falling within a stable range of RM 600K to RM 843K, and a typical market range of RM 603K to RM 833K.

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 527, though individual units vary from RM 421 to RM 633 in the core range. The broader market spans RM 426.75 to RM 627.25, indicating diverse property characteristics. The spread of RM 200.50 (IQR) and deviation of RM 106 (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.

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DESA ARA, Barat Daya, Penang

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Transactions

13 transactions found

RM 870,000
LINTANG SUNGAI ARA 3
1,604 sqft RM 542.00 PSF
RM 680,000
CANGKAT SUNGAI ARA 3
1,281 sqft RM 531.00 PSF
RM 675,000
CANGKAT SUNGAI. ARA 9
1,281 sqft RM 527.00 PSF
RM 600,000
CANGKAT SUNGAI ARA 2
1,281 sqft RM 468.00 PSF
RM 650,000
CANGKAT SUNGAI. ARA 4
1,281 sqft RM 507.00 PSF
RM 900,000
CANGKAT SUNGAI ARA 7
2,583 sqft RM 348.00 PSF
RM 700,000
LINTANG SUNGAI ARA 3
1,604 sqft RM 436.00 PSF
RM 990,000
JALAN SUNGAI ARA 1
2,788 sqft RM 355.00 PSF
RM 718,000
CANGKAT SUNGAI ARA 3
1,281 sqft RM 561.00 PSF
RM 600,000
CANGKAT SUNGAI ARA 7
1,109 sqft RM 541.00 PSF
RM 720,000
CANGKAT SUNGAI. ARA 4
1,281 sqft RM 562.00 PSF
RM 950,000
CANGKAT SUNGAI ARA 1
2,626 sqft RM 362.00 PSF
RM 770,000
CANGKAT SUNGAI ARA 2
1,023 sqft RM 753.00 PSF

No Properties For Sale

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

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