Sungai Ara
12, Lebuh Sungai Ara, Kampung Manggis, 11900 Bayan Lepas, Pulau Pinang, Malaysia
12, Lebuh Sungai Ara, Kampung Manggis, 11900 Bayan Lepas, Pulau Pinang, Malaysia
|
Road
|
Price
|
PSF
|
Size
|
Date
|
Type
|
|---|---|---|---|---|---|
| 2025 | |||||
|
Level 5
|
RM 200,000
|
RM 364
|
549 sqft
|
|
LC Flat |
| 2024 | |||||
|
Level 3
|
RM 160,000
|
RM 291
|
549 sqft
|
|
LC Flat |
|
Level 3
|
RM 173,000
|
RM 315
|
549 sqft
|
|
LC Flat |
| 2023 | |||||
|
Level 2
|
RM 140,000
|
RM 255
|
549 sqft
|
|
Flat |
|
Level 1
|
RM 165,000
|
RM 301
|
549 sqft
|
|
LC Flat |
|
Level 4
|
RM 138,000
|
RM 251
|
549 sqft
|
|
LC Flat |
| 2022 | |||||
|
Level 2
|
RM 160,000
|
RM 296
|
541 sqft
|
|
LC Flat |
|
Level 4
|
RM 125,000
|
RM 228
|
549 sqft
|
|
LC Flat |
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Market Snapshot
ResidentialRM 160,000
RM 293 psfMedian transaction price
12, Lebuh Sungai Ara, Kampung Manggis, 11900 Bayan Lepas, Pulau Pinang, Malaysia
MapsSungai Ara in Barat Daya, Penang recorded 8 subsale transactions between 2021 and 2026, sized between 525 and 574 sqft, with a median price of RM 160K and a median price per square foot (PSF) of RM 293.
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 138K to RM 182K, and a typical market range of RM 125K to RM 200K.
Most transactions involved low-cost flat, with moderate diversity in property types available.
The median PSF stands at RM 293, with core pricing between RM 253 and RM 333. Market pricing typically extends from RM 253.24 to RM 333.74, reflecting moderate variation in unit pricing. With an IQR of RM 80.50 and MAD of RM 40, 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.