DESA ARA

Area Intelligence
2023
Median Price
RM 690,000
PSF: RM 536

Residential PSF Trends

Median Price

RM 690,000

PSF: RM 536

Commercial PSF Trends

Median Price

RM 885,000

RM 884 PSF

DESA ARA in Barat Daya, Penang recorded 10 subsale transactions in 2023, with a median price of RM 690K and a median price per square foot (PSF) of RM 536.

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 690K, with most transactions falling within a stable range of RM 614K to RM 766K, and a typical market range of RM 600K to RM 805K.

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

The median PSF stands at RM 536, with core pricing between RM 456 and RM 616. Market pricing typically extends from RM 435.75 to RM 636.25, reflecting moderate variation in unit pricing. With an IQR of RM 200.50 and MAD of RM 80, 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

10 transactions grouped by size

1,000 sqft
Double Storey Terraced
RM 770,000
CANGKAT SUNGAI ARA 2
1,023 sqft · RM 753 PSF
1,100 sqft
Double Storey Terraced
RM 600,000
CANGKAT SUNGAI ARA 7
1,109 sqft · RM 541 PSF
1,300 sqft
Double Storey Terraced
RM 680,000
CANGKAT SUNGAI ARA 3
1,281 sqft · RM 531 PSF
RM 675,000
CANGKAT SUNGAI. ARA 9
1,281 sqft · RM 527 PSF
RM 600,000
CANGKAT SUNGAI ARA 2
1,281 sqft · RM 468 PSF
RM 650,000
CANGKAT SUNGAI. ARA 4
1,281 sqft · RM 507 PSF
RM 718,000
CANGKAT SUNGAI ARA 3
1,281 sqft · RM 561 PSF
RM 720,000
CANGKAT SUNGAI. ARA 4
1,281 sqft · RM 562 PSF
1,600 sqft
Single Storey Terraced
RM 870,000
LINTANG SUNGAI ARA 3
1,604 sqft · RM 542 PSF
RM 700,000
LINTANG SUNGAI ARA 3
1,604 sqft · RM 436 PSF

No Properties For Sale

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

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