Desa Ara
Sungai Ara, 11900 Bayan Lepas, Pulau Pinang, Malaysia
Sungai Ara, 11900 Bayan Lepas, Pulau Pinang, Malaysia
|
Road
|
Price
|
PSF
|
Size
|
Date
|
Type
|
|---|---|---|---|---|---|
| 2023 | |||||
|
Lintang Sungai Ara 3
|
RM 870,000
|
RM 542
|
1,604 sqft
|
|
Terrace |
|
Cangkat Sungai Ara 3
|
RM 680,000
|
RM 501
|
1,356 sqft
|
|
2-Sty Terrace |
|
Cangkat Sungai. Ara 9
|
RM 675,000
|
RM 475
|
1,421 sqft
|
|
2-Sty Terrace |
|
Cangkat Sungai Ara 2
|
RM 600,000
|
RM 355
|
1,690 sqft
|
|
2-Sty Terrace |
|
Cangkat Sungai. Ara 4
|
RM 650,000
|
RM 507
|
1,281 sqft
|
|
2-Sty Terrace |
|
Cangkat Sungai Ara 7
|
RM 900,000
|
RM 501
|
1,798 sqft
|
|
2-Sty Terrace |
|
Lintang Sungai Ara 3
|
RM 700,000
|
RM 436
|
1,604 sqft
|
|
Terrace |
|
Jalan Sungai Ara 1
|
RM 990,000
|
RM 403
|
2,454 sqft
|
|
2-Sty Terrace |
|
Cangkat Sungai Ara 3
|
RM 718,000
|
RM 534
|
1,345 sqft
|
|
2-Sty Terrace |
|
Cangkat Sungai Ara 7
|
RM 600,000
|
RM 461
|
1,302 sqft
|
|
2-Sty Terrace |
|
Cangkat Sungai. Ara 4
|
RM 720,000
|
RM 562
|
1,281 sqft
|
|
2-Sty Terrace |
|
Cangkat Sungai Ara 1
|
RM 950,000
|
RM 501
|
1,894 sqft
|
|
2-Sty Terrace |
|
Cangkat Sungai Ara 2
|
RM 770,000
|
RM 471
|
1,636 sqft
|
|
2-Sty Terrace |
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Market Snapshot
ResidentialRM 718,000
RM 501 psfMedian transaction price
Sungai Ara, 11900 Bayan Lepas, Pulau Pinang, Malaysia
MapsDesa 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 501.
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. 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 610K to RM 826K.
Most transactions involved 2 - 2 1/2 storey terraced, with high diversity across multiple property types.
The median PSF stands at RM 501, with core pricing between RM 446 and RM 556. Market pricing typically extends from RM 400.43 to RM 600.93, reflecting moderate variation in unit pricing. With an IQR of RM 200.50 and MAD of RM 55, 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. Some price volatility exists, making thorough market research essential before transacting. Limited transaction history suggests carefully evaluating comparable sales data.