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 |
|---|
|
Lorong Kenari
|
RM 940,000
|
RM 773
|
1,216 sqft
|
|
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Market Snapshot
ResidentialRM 940,000
RM 773 psfMedian transaction price
12, Lebuh Sungai Ara, Kampung Manggis, 11900 Bayan Lepas, Pulau Pinang, Malaysia
MapsSungai Ara in Barat Daya, Penang recorded 1 Double Storey Terraced properties subsale transactions between 2021 and 2026, with a median price of RM 940K and a median price per square foot (PSF) of RM 773.
This area consists exclusively of residential properties, with no commercial listings recorded.
Price remained flat, and PSF growth was PSF remained flat.
Within the Double Storey Terraced category, low-cost flat dominated the market, with moderate diversity in property types available.
For price per square foot, the median is RM 773, with most transactions between RM 773 and RM 773. The usual range is RM 732.57 to RM 813.07, showing that most units are priced quite close to each other. With an IQR of RM 80.50 and MAD of RM 0, 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. Some price volatility exists, making thorough market research essential before transacting. Limited transaction history suggests carefully evaluating comparable sales data.