DESA ARA

Area Intelligence
2022
Median Price
RM 775,000
PSF: RM 362

Residential PSF Trends

Median Price

RM 775,000

PSF: RM 362

Commercial PSF Trends

Median Price

RM 885,000

RM 884 PSF

DESA ARA in Barat Daya, Penang recorded 14 subsale transactions in 2022, with a median price of RM 775K and a median price per square foot (PSF) of RM 362.

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 775K, with most transactions falling within a stable range of RM 665K to RM 885K, and a typical market range of RM 660K to RM 890K.

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 362, though individual units vary from RM 268 to RM 456 in the core range. The broader market spans RM 261.25 to RM 461.75, indicating diverse property characteristics. A wider spread (IQR: RM 200.50) and deviation (MAD: RM 94) 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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Transactions

8 transactions grouped by size

1,300 sqft
Double Storey Terraced
RM 750,000
CANGKAT SUNGAI ARA 5
1,281 sqft · RM 586 PSF
1,600 sqft
Single Storey Terraced
RM 800,000
LINTANG SUNGAI ARA 1
1,604 sqft · RM 499 PSF
2,900 sqft
Double Storey Semi-D
RM 1,365,000
CANGKAT SUNGAIARA 10
2,917 sqft · RM 468 PSF
3,800 sqft
Single Storey Terraced
RM 1,230,000
TINGKAT SUNGAI ARA 4
3,800 sqft · RM 324 PSF
3,950 sqft
Bungalow
RM 1,350,000
JALAN SUNGAI ARA 7
3,950 sqft · RM 342 PSF
RM 1,500,000
JALAN SUNGAI ARA 7
3,950 sqft · RM 380 PSF
4,450 sqft
Double Storey Semi-D
RM 1,530,000
GERBANG SUNGAI ARA 4
4,467 sqft · RM 343 PSF
5,450 sqft
Double Storey Semi-D
RM 1,550,000
PERSIARAN SUNGAI ARA 3
5,436 sqft · RM 285 PSF

No Properties For Sale

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

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