Penang
Barat Daya
12
DESA ARA

DESA ARA

Area Intelligence

2023

Median Price

RM 718,000

PSF: RM 527

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Residential PSF Trends

Median Price

RM 718,000

PSF: RM 527

Commercial PSF Trends

Median Price

RM 885,000

RM 884 PSF

DESA 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 527.

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 718K, with most transactions falling within a stable range of RM 673K to RM 720K, and a typical market range of RM 603K to RM 720K.

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 527, with most transactions between RM 485 and RM 569. The usual range is RM 426.75 to RM 627.25, showing that most units are priced quite close to each other. With an IQR of RM 200.50 and MAD of RM 42, 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.

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DESA ARA, Barat Daya, Penang

OSM

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Transactions

8 transactions grouped by size

Popular Ranges

Under RM 300k RM 300k - 500k RM 500k - 750k RM 750k - 1M RM 1M - 2M RM 2M+

Custom Range

Min Price (RM)

Max Price (RM)

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Size Range (sqft)

Popular Ranges

Under 1,000 sqft 1,000 - 2,000 sqft 2,000 - 3,000 sqft 3,000 - 5,000 sqft 5,000 - 10,000 sqft 10,000+ sqft

Custom Range

Min Size (sqft)

Max Size (sqft)

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Road	Price	Land PSF	Land	Date	Type

1,100 sqft

Double Storey Terraced

1,100 sqft

Double Storey Terraced

RM 600,000

CANGKAT SUNGAI ARA 7

1,109 sqft · RM 541 PSF

Feb 2023

CANGKAT SUNGAI ARA 7

RM 600,000

RM 541

1,109 sqft

Feb 2023

1,300 sqft

Double Storey Terraced

1,300 sqft

Double Storey Terraced

RM 680,000

CANGKAT SUNGAI ARA 3

1,281 sqft · RM 531 PSF

Dec 2023

RM 675,000

CANGKAT SUNGAI. ARA 9

1,281 sqft · RM 527 PSF

Oct 2023

RM 600,000

CANGKAT SUNGAI ARA 2

1,281 sqft · RM 468 PSF

Sep 2023

RM 650,000

CANGKAT SUNGAI. ARA 4

1,281 sqft · RM 507 PSF

Aug 2023

RM 718,000

CANGKAT SUNGAI ARA 3

1,281 sqft · RM 561 PSF

Feb 2023

RM 720,000

CANGKAT SUNGAI. ARA 4

1,281 sqft · RM 562 PSF

Jan 2023

CANGKAT SUNGAI ARA 3	RM 680,000	RM 531	1,281 sqft	Dec 2023
CANGKAT SUNGAI. ARA 9	RM 675,000	RM 527	1,281 sqft	Oct 2023
CANGKAT SUNGAI ARA 2	RM 600,000	RM 468	1,281 sqft	Sep 2023
CANGKAT SUNGAI. ARA 4	RM 650,000	RM 507	1,281 sqft	Aug 2023
CANGKAT SUNGAI ARA 3	RM 718,000	RM 561	1,281 sqft	Feb 2023
CANGKAT SUNGAI. ARA 4	RM 720,000	RM 562	1,281 sqft	Jan 2023