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

OSM

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Transactions

9 properties grouped by size

550 sqft
7 units
RM 160,000
Low-Cost Flat
549 sqft · RM 291.00 PSF
Jul 2024
RM 173,000
Low-Cost Flat
549 sqft · RM 315.00 PSF
Feb 2024
RM 140,000
Flat
549 sqft · RM 255.00 PSF
Nov 2023
RM 165,000
Low-Cost Flat
549 sqft · RM 301.00 PSF
Nov 2023
RM 138,000
Low-Cost Flat
549 sqft · RM 251.00 PSF
Feb 2023
RM 160,000
Low-Cost Flat
541 sqft · RM 296.00 PSF
Nov 2022
RM 125,000
Low-Cost Flat
549 sqft · RM 228.00 PSF
May 2022
1,600 sqft
1 units Double Storey Terraced
RM 940,000
LRG KENARI
1,615 sqft · RM 582.00 PSF
Dec 2021
4,500 sqft
1 units Double Storey Semi-D
RM 1,550,000
PERSIARAN SG ARA 2
4,521 sqft · RM 343.00 PSF
Mar 2023