Area Intelligence

DESA ARA

12 properties
2024
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Median Price
RM 815,000
PSF: RM 398

Residential Market

Median Price

RM 805,500

IQR: RM 190
MAD: RM 79
RM 388 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 12 subsale transactions in 2024, with a median price of RM 815K and a median price per square foot (PSF) of RM 398.

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 815K, with most transactions falling within a stable range of RM 644K to RM 986K, and a typical market range of RM 703K to RM 928K.

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 398, though individual units vary from RM 207 to RM 589 in the core range. The broader market spans RM 301.63 to RM 494.38, indicating diverse property characteristics. A wider spread (IQR: RM 192.75) and deviation (MAD: RM 191) indicate significant PSF variations, likely due to diverse property types or conditions.

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.

Area Location

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DESA ARA, Barat Daya, Penang

OSM

Transactions

12 properties grouped by size

700 sqft
1 units Flat
RM 270,000
700 sqft · RM 386.00 PSF
Sep 2024
1,000 sqft
2 units Double Storey Shop
RM 910,000
GERBANG SUNGAI ARA 1
1,001 sqft · RM 909.00 PSF
Nov 2024
RM 860,000
JLN SG ARA 2
1,001 sqft · RM 859.00 PSF
May 2024
1,300 sqft
2 units Double Storey Terraced
RM 820,000
CANGKAT SUNGAI ARA 3
1,281 sqft · RM 640.00 PSF
Jun 2024
RM 750,000
CANGKAT SUNGAI ARA 2
1,281 sqft · RM 586.00 PSF
May 2024
1,550 sqft
1 units Double Storey Terraced
RM 797,000
CANGKAT SUNGAI ARA 3
1,528 sqft · RM 521.00 PSF
Oct 2024
2,000 sqft
1 units Single Storey Terraced
RM 738,000
LINTANG SG ARA 2
2,002 sqft · RM 369.00 PSF
Jul 2024
2,050 sqft
1 units Double Storey Terraced
RM 835,000
CHANGKAT SUNGAI ARA 3
2,056 sqft · RM 406.00 PSF
Aug 2024
2,100 sqft
1 units Double Storey Terraced
RM 810,000
CHANGKAT SUNGAI ARA
2,077 sqft · RM 390.00 PSF
May 2024
2,300 sqft
1 units Cluster House
RM 801,000
CANGKAT SG ARA 2
2,282 sqft · RM 351.00 PSF
Aug 2024
2,650 sqft
2 units Double Storey Terraced
RM 885,000
CANGKAT SUNGAI ARA 1A
2,626 sqft · RM 337.00 PSF
Nov 2024
RM 1,000,000
CANGKAT SUNGAI ARA 1
2,626 sqft · RM 381.00 PSF
Sep 2024