Desa Ara
Sungai Ara, 11900 Bayan Lepas, Pulau Pinang, Malaysia
Sungai Ara, 11900 Bayan Lepas, Pulau Pinang, Malaysia
| Road | Price | PSF | Size | Date | Type |
|---|
|
Level 5
|
RM 175,000
|
RM 339
|
517 sqft
|
|
|
|
Level 2
|
RM 165,000
|
RM 326
|
506 sqft
|
|
|
Level 2
|
RM 290,000
|
RM 414
|
700 sqft
|
|
|
|
Level G
|
RM 240,000
|
RM 343
|
700 sqft
|
|
|
|
Level 6
|
RM 270,000
|
RM 386
|
700 sqft
|
|
|
|
Level 5
|
RM 220,000
|
RM 314
|
700 sqft
|
|
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Market Snapshot
ResidentialRM 230,000
RM 341 psfMedian transaction price
Sungai Ara, 11900 Bayan Lepas, Pulau Pinang, Malaysia
MapsDesa Ara in Barat Daya, Penang recorded 6 Flat properties subsale transactions between 2021 and 2026, with a median price of RM 230K and a median price per square foot (PSF) of RM 341.
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 230K, with most transactions falling within a stable range of RM 184K to RM 276K, and a typical market range of RM 165K to RM 290K.
Within the Flat category, 2 - 2 1/2 storey terraced dominated the market, with high diversity across multiple property types.
The median PSF stands at RM 341, with core pricing between RM 306 and RM 376. Market pricing typically extends from RM 240.62 to RM 441.12, reflecting moderate variation in unit pricing. With an IQR of RM 200.50 and MAD of RM 35, 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.