Area Intelligence

DESA ARA

12 properties
2024
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Median Price
RM 815,000
PSF: RM 398

Residential Market

Median Price

RM 805,500

IQR: RM 190
MAD: RM 79
RM 388 PSF 3.9%

PSF Trends (2021-2025)

Commercial Market

Median Price

RM 885,000

IQR: RM 25
MAD: RM 25
RM 884 PSF

PSF Trends (2021-2025)

DESA ARA in Barat Daya, Penang recorded 12 subsale transactions in 2024, with a median price of RM 815K and a median price per square foot (PSF) of RM 398.

This area contains both residential and commercial properties. View 38 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 815K, with most transactions falling within a stable range of RM 644K to RM 986K, and a typical market range of RM 703K to RM 928K.

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 398, though individual units vary from RM 207 to RM 589 in the core range. The broader market spans RM 301.63 to RM 494.38, indicating diverse property characteristics. A wider spread (IQR: RM 192.75) and deviation (MAD: RM 191) 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. Some price volatility exists, making thorough market research essential before transacting. Limited transaction history suggests carefully evaluating comparable sales data.

Area Location

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DESA ARA, Barat Daya, Penang

OSM

Transactions

12 properties found

Double Storey Shop GERBANG SUNGAI ARA 1
RM 910,000
1,001 sqft Nov 2024
RM 909.00 PSF
Double Storey Terraced CANGKAT SUNGAI ARA 1A
RM 885,000
2,626 sqft Nov 2024
RM 337.00 PSF
Double Storey Terraced CANGKAT SUNGAI ARA 3
RM 797,000
1,528 sqft Oct 2024
RM 521.00 PSF
Double Storey Terraced CANGKAT SUNGAI ARA 1
RM 1,000,000
2,626 sqft Sep 2024
RM 381.00 PSF
Flat
RM 270,000
700 sqft Sep 2024
RM 386.00 PSF
Double Storey Terraced CHANGKAT SUNGAI ARA 3
RM 835,000
2,056 sqft Aug 2024
RM 406.00 PSF
Cluster House CANGKAT SG ARA 2
RM 801,000
2,282 sqft Aug 2024
RM 351.00 PSF
Single Storey Terraced LINTANG SG ARA 2
RM 738,000
2,002 sqft Jul 2024
RM 369.00 PSF
Double Storey Terraced CANGKAT SUNGAI ARA 3
RM 820,000
1,281 sqft Jun 2024
RM 640.00 PSF
Double Storey Shop JLN SG ARA 2
RM 860,000
1,001 sqft May 2024
RM 859.00 PSF
Double Storey Terraced CANGKAT SUNGAI ARA 2
RM 750,000
1,281 sqft May 2024
RM 586.00 PSF
Double Storey Terraced CHANGKAT SUNGAI ARA
RM 810,000
2,077 sqft May 2024
RM 390.00 PSF