DESA ARA

Area Intelligence
2022
Median Price
RM 1,365,000
PSF: RM 343

Residential PSF Trends

Median Price

RM 1,365,000

PSF: RM 343

Commercial PSF Trends

Median Price

RM 885,000

RM 884 PSF

DESA ARA in Barat Daya, Penang recorded 5 subsale transactions in 2022, with a median price of RM 1.37 million and a median price per square foot (PSF) of RM 343.

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 1.37 million, with most transactions falling within a stable range of RM 1.26 million to RM 1.47 million, and a typical market range of RM 1.25 million to RM 1.48 million.

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

The median PSF stands at RM 343, with core pricing between RM 291 and RM 395. Market pricing typically extends from RM 242.75 to RM 443.25, reflecting moderate variation in unit pricing. The spread of RM 200.50 (IQR) and deviation of RM 52 (MAD) suggest moderate price variations reflecting different property features.

Overall, the market in this area appears stable with consistent appreciation, making it an attractive option for both investors and homebuyers. Despite diverse property types, prices remain relatively stable, offering options for different buyer preferences. Limited transaction history suggests carefully evaluating comparable sales data.

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DESA ARA, Barat Daya, Penang

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Transactions

5 transactions grouped by size

2,900 sqft
Double Storey Semi-D
RM 1,365,000
CANGKAT SUNGAIARA 10
2,917 sqft · RM 468 PSF
3,800 sqft
Single Storey Terraced
RM 1,230,000
TINGKAT SUNGAI ARA 4
3,800 sqft · RM 324 PSF
3,950 sqft
Bungalow
RM 1,350,000
JALAN SUNGAI ARA 7
3,950 sqft · RM 342 PSF
RM 1,500,000
JALAN SUNGAI ARA 7
3,950 sqft · RM 380 PSF
4,450 sqft
Double Storey Semi-D
RM 1,530,000
GERBANG SUNGAI ARA 4
4,467 sqft · RM 343 PSF

No Properties For Sale

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

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