Desa Ara
Sungai Ara, 11900 Bayan Lepas, Pulau Pinang, Malaysia
Sungai Ara, 11900 Bayan Lepas, Pulau Pinang, Malaysia
| Road | Price | PSF | Size | Date | Type |
|---|
|
Gerbang Sungai Ara 1
|
RM 910,000
|
RM 735
|
1,238 sqft
|
|
|
|
Jalan Sungai Ara 2
|
RM 860,000
|
RM 695
|
1,238 sqft
|
|
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Market Snapshot
ResidentialRM 770,000
RM 434 psfMedian transaction price
Sungai Ara, 11900 Bayan Lepas, Pulau Pinang, Malaysia
MapsDesa Ara in Barat Daya, Penang recorded 2 Double Storey Shop properties subsale transactions between 2021 and 2026, with a median price of RM 885K and a median price per square foot (PSF) of RM 715.
This area contains both residential and commercial properties. View 45 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 715, with most transactions between RM 695 and RM 735. The usual range is RM 614.70 to RM 815.20, showing that most units are priced quite close to each other. With an IQR of RM 200.50 and MAD of RM 20, 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.