Area Intelligence

SUNGAI ARA

9 properties
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Median Price
RM 160,000
PSF: RM 296

Residential Market

Median Price

RM 160,000

IQR: RM 60
MAD: RM 41
RM 296 PSF 19.6%

PSF Trends (2021-2025)

SUNGAI ARA in Barat Daya, Penang recorded 9 subsale transactions between 2021 and 2025, with a median price of RM 160K and a median price per square foot (PSF) of RM 296.

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

Price remained flat, and PSF growth was PSF remained flat. The median price is RM 160K, with most transactions falling within a stable range of RM 140K to RM 180K, and a typical market range of RM 144K to RM 177K.

Most transactions involved low-cost flat, with moderate diversity in property types available.

The median PSF stands at RM 296, with core pricing between RM 255 and RM 337. Market pricing typically extends from RM 266.00 to RM 326.00, reflecting moderate variation in unit pricing. With an IQR of RM 60.00 and MAD of RM 41, 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.

Area Location

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SUNGAI ARA, Barat Daya, Penang

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Transactions

9 properties found

Low-Cost Flat
RM 160,000
549 sqft Jul 2024
RM 291.00 PSF
Low-Cost Flat
RM 173,000
549 sqft Feb 2024
RM 315.00 PSF
Flat
RM 140,000
549 sqft Nov 2023
RM 255.00 PSF
Low-Cost Flat
RM 165,000
549 sqft Nov 2023
RM 301.00 PSF
Double Storey Semi-D PERSIARAN SG ARA 2
RM 1,550,000
4,521 sqft Mar 2023
RM 343.00 PSF
Low-Cost Flat
RM 138,000
549 sqft Feb 2023
RM 251.00 PSF
Low-Cost Flat
RM 160,000
541 sqft Nov 2022
RM 296.00 PSF
Low-Cost Flat
RM 125,000
549 sqft May 2022
RM 228.00 PSF
Double Storey Terraced LRG KENARI
RM 940,000
1,615 sqft Dec 2021
RM 582.00 PSF