Area Intelligence

KAWASAN PENEMPATAN SEMULA SG.ARA

1 properties
2024
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Median Price
RM 2,025,000
PSF: RM 376

Residential Market

Median Price

RM 2,025,000

IQR: RM 47
MAD: RM 17
RM 376 PSF 25.3%

PSF Trends (2021-2025)

KAWASAN PENEMPATAN SEMULA SG.ARA in Barat Daya, Penang recorded 1 subsale transactions in 2024, with a median price of RM 2.03 million and a median price per square foot (PSF) of RM 376.

This area consists exclusively of residential properties, with no commercial listings recorded.

Price remained flat, and PSF growth was PSF remained flat.

Most transactions involved 2 - 2 1/2 storey semi-detached, though some variety exists in the market.

For price per square foot, the median is RM 376, with most transactions between RM 376 and RM 376. The usual range is RM 338.00 to RM 414.00, showing that most units are priced quite close to each other. With an IQR of RM 76.00 and MAD of RM 0, the PSF demonstrates reasonable consistency across the market.

Overall, the market in this area appears stable with consistent appreciation, making it an attractive option for both investors and homebuyers. The consistent property type and stable pricing make it easier to assess value and compare trends. Limited transaction history suggests carefully evaluating comparable sales data.

Area Location

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KAWASAN PENEMPATAN SEMULA SG.ARA, Barat Daya, Penang

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Transactions

1 properties grouped by size

5,400 sqft
1 units Double Storey Semi-D
RM 2,025,000
JALAN SUNGAI ARA 2
5,393 sqft · RM 376.00 PSF
Apr 2024