Desa Ara

Sungai Ara, 11900 Bayan Lepas, Pulau Pinang, Malaysia

Property Transactions

12 subsales grouped by size

Median
RM 815,000
PSF
RM 526
Price Size
700 sqft
Flat
RM 270,000
Level 6
700 sqft · RM 386 PSF
1,250 sqft
2-Sty Shop
RM 910,000
Gerbang Sungai Ara 1
1,238 sqft · RM 735 PSF
RM 860,000
Jalan Sungai Ara 2
1,238 sqft · RM 695 PSF
1,350 sqft
2-Sty Terrace
RM 797,000
Cangkat Sungai Ara 3
1,345 sqft · RM 592 PSF
RM 820,000
Cangkat Sungai Ara 3
1,345 sqft · RM 609 PSF
1,400 sqft
2-Sty Terrace
RM 810,000
Changkat Sungai Ara
1,421 sqft · RM 570 PSF
1,450 sqft
2-Sty Terrace
RM 750,000
Cangkat Sungai Ara 2
1,432 sqft · RM 524 PSF
1,850 sqft
2-Sty Terrace
RM 835,000
Changkat Sungai Ara 3
1,851 sqft · RM 451 PSF
1,900 sqft
2-Sty Terrace
RM 885,000
Cangkat Sungai Ara 1A
1,894 sqft · RM 467 PSF
RM 1,000,000
Cangkat Sungai Ara 1
1,894 sqft · RM 528 PSF
2,000 sqft
Terrace
RM 738,000
Lintang Sungai Ara 2
2,002 sqft · RM 369 PSF
2,300 sqft
Cluster
RM 801,000
Cangkat Sungai Ara 2
2,282 sqft · RM 351 PSF
Legend Recent Highest Price Highest PSF
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Market Snapshot

Residential

RM 805,500

RM 496 psf

Median transaction price

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Sungai Ara, 11900 Bayan Lepas, Pulau Pinang, Malaysia

Maps

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 526.

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 815K, with most transactions falling within a stable range of RM 644K to RM 986K, and a typical market range of RM 707K to RM 923K.

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 526, though individual units vary from RM 407 to RM 645 in the core range. The broader market spans RM 425.62 to RM 626.12, indicating diverse property characteristics. The spread of RM 200.50 (IQR) and deviation of RM 119 (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.