Penang
Barat Daya
12
DESA ARA

DESA ARA

Area Intelligence

2022

Median Price

RM 735,000

PSF: RM 554

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Residential PSF Trends

Median Price

RM 735,000

PSF: RM 554

Commercial PSF Trends

Median Price

RM 885,000

RM 884 PSF

DESA ARA in Barat Daya, Penang recorded 4 subsale transactions in 2022, with a median price of RM 735K and a median price per square foot (PSF) of RM 554.

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 735K, with most transactions falling within a stable range of RM 700K to RM 773K, and a typical market range of RM 700K to RM 800K.

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 554, with most transactions between RM 522 and RM 586. The usual range is RM 453.75 to RM 654.25, showing that most units are priced quite close to each other. With an IQR of RM 200.50 and MAD of RM 32, 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

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Transactions

4 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

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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

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Road	Price	Land PSF	Land	Date	Type

1,300 sqft

Double Storey Terraced

1,300 sqft

Double Storey Terraced

RM 700,000

CANGKAT SUNGAI. ARA 2

1,281 sqft · RM 546 PSF

Aug 2022

RM 720,000

CANGKAT SUNGAI. ARA 4

1,281 sqft · RM 562 PSF

Apr 2022

RM 750,000

CANGKAT SUNGAI ARA 5

1,281 sqft · RM 586 PSF

Jan 2022

CANGKAT SUNGAI. ARA 2	RM 700,000	RM 546	1,281 sqft	Aug 2022
CANGKAT SUNGAI. ARA 4	RM 720,000	RM 562	1,281 sqft	Apr 2022
CANGKAT SUNGAI ARA 5	RM 750,000	RM 586	1,281 sqft	Jan 2022