DESA ARA

DESA ARA in Barat Daya, Penang recorded 13 subsale transactions in 2023, with a median price of RM 718K and a median price per square foot (PSF) of RM 527.

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 718K, with most transactions falling within a stable range of RM 600K to RM 843K, and a typical market range of RM 606K to RM 831K.

Most transactions involved 2 - 2 1/2 storey terraced, with high diversity across multiple property types.

Price per square foot shows a median of RM 527, though individual units vary from RM 421 to RM 633 in the core range. The broader market spans RM 430.63 to RM 623.38, indicating diverse property characteristics. The spread of RM 192.75 (IQR) and deviation of RM 106 (MAD) suggest moderate price variations reflecting different property features.

While the area has shown positive growth trends, price variations suggest a more dynamic market. This presents opportunities for investors comfortable with moderate volatility. Some price volatility exists, making thorough market research essential before transacting. Limited transaction history suggests carefully evaluating comparable sales data.