DESA ARA
Residential Market
Median Price
RM 783,500
PSF Trends (2021-2025)
Commercial Market
Median Price
RM 885,000
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.
Filter by type, year, price, and size
Transactions
2 properties grouped by size
Road | Price | PSF | Size | Date | Type |
---|
GERBANG SUNGAI ARA 1
|
RM 910,000
|
RM 909.00
|
1,001 sqft
|
Nov 2024
|
|
JLN SG ARA 2
|
RM 860,000
|
RM 859.00
|
1,001 sqft
|
May 2024
|