DESA ARA in Barat Daya, Penang recorded 1 subsale transactions in 2024, with a median price of RM 270K and a median price per square foot (PSF) of RM 386.
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 270K, with most transactions falling within a stable range of RM 160K to RM 380K, and a typical market range of RM 155K to RM 385K.
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 386, though individual units vary from RM 292 to RM 480 in the core range. The broader market spans RM 285.75 to RM 486.25, indicating diverse property characteristics. The spread of RM 200.50 (IQR) and deviation of RM 94 (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. Significant price variations suggest comparing multiple properties and timing the market carefully. Limited transaction history suggests carefully evaluating comparable sales data.
