DESA ARA

Area Intelligence
2024
Median Price
RM 822,500
PSF: RM 375

Residential PSF Trends

Median Price

RM 822,500

PSF: RM 375

Commercial PSF Trends

Median Price

RM 885,000

RM 884 PSF

DESA ARA in Barat Daya, Penang recorded 6 subsale transactions in 2024, with a median price of RM 823K and a median price per square foot (PSF) of RM 375.

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 823K, with most transactions falling within a stable range of RM 741K to RM 904K, and a typical market range of RM 738K to RM 938K.

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 375, with most transactions between RM 352 and RM 398. The usual range is RM 274.75 to RM 475.25, showing that most units are priced quite close to each other. With an IQR of RM 200.50 and MAD of RM 23, 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

6 transactions grouped by size

2,000 sqft
Single Storey Terraced
RM 738,000
LINTANG SUNGAI ARA 2
2,002 sqft · RM 369 PSF
2,050 sqft
Double Storey Terraced
RM 835,000
CHANGKAT SUNGAI ARA 3
2,056 sqft · RM 406 PSF
2,100 sqft
Double Storey Terraced
RM 810,000
CHANGKAT SUNGAI ARA
2,077 sqft · RM 390 PSF
2,300 sqft
Cluster House
RM 801,000
CANGKAT SUNGAI ARA 2
2,282 sqft · RM 351 PSF
2,650 sqft
Double Storey Terraced
RM 885,000
CANGKAT SUNGAI ARA 1A
2,626 sqft · RM 337 PSF
RM 1,000,000
CANGKAT SUNGAI ARA 1
2,626 sqft · RM 381 PSF

No Properties For Sale

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

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