Area Intelligence

DESA ARA

2 properties
Double Storey Shop
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Median Price
RM 885,000
PSF: RM 884

Residential Market

Median Price

RM 783,500

IQR: RM 190
MAD: RM 79
RM 410 PSF 3.9%

PSF Trends (2021-2025)

Commercial Market

Median Price

RM 885,000

IQR: RM 25
MAD: RM 25
RM 884 PSF

PSF Trends (2021-2025)

DESA ARA in Barat Daya, Penang recorded 2 Double Storey Shop properties subsale transactions between 2021 and 2025 for double storey shop properties, with a median price of RM 885K and a median price per square foot (PSF) of RM 884.

This area contains both residential and commercial properties. View 38 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 885K, with most transactions falling within a stable range of RM 860K to RM 910K, and a typical market range of RM 860K to RM 910K.

Within the Double Storey Shop category, 2 - 2 1/2 storey terraced dominated the market, with high diversity across multiple property types.

For price per square foot, the median is RM 884, with most transactions between RM 859 and RM 909. The usual range is RM 787.63 to RM 980.38, showing that most units are priced quite close to each other. With an IQR of RM 192.75 and MAD of RM 25, the PSF demonstrates reasonable consistency across the market.

Overall, the market in this area appears stable with consistent appreciation, making it an attractive option for both investors and homebuyers. Moderate price stability provides a balanced market for both buyers and sellers. Limited transaction history suggests carefully evaluating comparable sales data.

Area Location

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DESA ARA, Barat Daya, Penang

OSM

Transactions

2 properties grouped by size

1,000 sqft
2 units Double Storey Shop
RM 910,000
GERBANG SUNGAI ARA 1
1,001 sqft · RM 909.00 PSF
Nov 2024
RM 860,000
JLN SG ARA 2
1,001 sqft · RM 859.00 PSF
May 2024