Penang
Barat Daya
12
DESA ARA

DESA ARA

Area Intelligence

2024

Median Price

RM 815,000

PSF: RM 398

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Residential PSF Trends

Median Price

RM 805,500

PSF: RM 388

Commercial PSF Trends

Median Price

RM 885,000

RM 884 PSF

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 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 815K, with most transactions falling within a stable range of RM 744K to RM 886K, and a typical market range of RM 738K to RM 930K.

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 203 to RM 593 in the core range. The broader market spans RM 297.75 to RM 498.25, indicating diverse property characteristics. A wider spread (IQR: RM 200.50) and deviation (MAD: RM 195) 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.

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DESA ARA, Barat Daya, Penang

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