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.

Most transactions involved 2 - 2 1/2 storey terraced, with high diversity across multiple property types.

For price per square foot, the median is RM 398, with most transactions between RM 398 and RM 398. The usual range is RM 297.75 to RM 498.25, showing that most units are priced quite close to each other. With an IQR of RM 200.50 and MAD of RM 0, the PSF demonstrates reasonable consistency across the market.

Overall, the market in this area appears stable with consistent appreciation, making it an attractive option for both investors and homebuyers. Moderate price stability provides a balanced market for both buyers and sellers. Limited transaction history suggests carefully evaluating comparable sales data.

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DESA ARA, Barat Daya, Penang

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