Desa Ara
Sungai Ara, 11900 Bayan Lepas, Pulau Pinang, Malaysia
Sungai Ara, 11900 Bayan Lepas, Pulau Pinang, Malaysia
|
Road
|
Price
|
PSF
|
Size
|
Date
|
Type
|
|---|---|---|---|---|---|
| 2024 | |||||
|
Gerbang Sungai Ara 1
|
RM 910,000
|
RM 735
|
1,238 sqft
|
|
2-Sty Shop |
|
Cangkat Sungai Ara 1A
|
RM 885,000
|
RM 467
|
1,894 sqft
|
|
2-Sty Terrace |
|
Cangkat Sungai Ara 3
|
RM 797,000
|
RM 592
|
1,345 sqft
|
|
2-Sty Terrace |
|
Cangkat Sungai Ara 1
|
RM 1,000,000
|
RM 528
|
1,894 sqft
|
|
2-Sty Terrace |
|
Level 6
|
RM 270,000
|
RM 386
|
700 sqft
|
|
Flat |
|
Changkat Sungai Ara 3
|
RM 835,000
|
RM 451
|
1,851 sqft
|
|
2-Sty Terrace |
|
Cangkat Sungai Ara 2
|
RM 801,000
|
RM 351
|
2,282 sqft
|
|
Cluster |
|
Lintang Sungai Ara 2
|
RM 738,000
|
RM 369
|
2,002 sqft
|
|
Terrace |
|
Cangkat Sungai Ara 3
|
RM 820,000
|
RM 609
|
1,345 sqft
|
|
2-Sty Terrace |
|
Jalan Sungai Ara 2
|
RM 860,000
|
RM 695
|
1,238 sqft
|
|
2-Sty Shop |
|
Cangkat Sungai Ara 2
|
RM 750,000
|
RM 524
|
1,432 sqft
|
|
2-Sty Terrace |
|
Changkat Sungai Ara
|
RM 810,000
|
RM 570
|
1,421 sqft
|
|
2-Sty Terrace |
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Market Snapshot
ResidentialRM 805,500
RM 496 psfMedian transaction price
Sungai Ara, 11900 Bayan Lepas, Pulau Pinang, Malaysia
MapsDesa 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 526.
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 815K, with most transactions falling within a stable range of RM 644K to RM 986K, and a typical market range of RM 707K to RM 923K.
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 526, though individual units vary from RM 407 to RM 645 in the core range. The broader market spans RM 425.62 to RM 626.12, indicating diverse property characteristics. The spread of RM 200.50 (IQR) and deviation of RM 119 (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.