Area Intelligence

DESA ARA

1 properties
Condo/Apartment
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Median Price
RM 290,000
PSF: RM 414

Residential Market

Median Price

RM 290,000

IQR: RM 190
MAD: RM 79
RM 414 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 1 Condo/Apartment properties subsale transactions between 2021 and 2025 for condo/apartment properties, with a median price of RM 290K and a median price per square foot (PSF) of RM 414.

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.

Within the Condo/Apartment 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 414, with most transactions between RM 414 and RM 414. The usual range is RM 317.63 to RM 510.38, showing that most units are priced quite close to each other. With an IQR of RM 192.75 and MAD of RM 0, 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. Significant price variations suggest comparing multiple properties and timing the market carefully. Limited transaction history suggests carefully evaluating comparable sales data.

Area Location

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DESA ARA, Barat Daya, Penang

OSM

Transactions

1 properties grouped by size

700 sqft
1 units Condo/Apartment
RM 290,000
700 sqft · RM 414.00 PSF
May 2022