Area Intelligence

SUNGAI ARA

6 properties
Low-Cost Flat
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Median Price
RM 160,000
PSF: RM 294

Residential Market

Median Price

RM 160,000

IQR: RM 60
MAD: RM 41
RM 294 PSF 19.6%

PSF Trends (2021-2025)

SUNGAI ARA in Barat Daya, Penang recorded 6 Low-Cost Flat properties subsale transactions between 2021 and 2025 for low-cost flat properties, with a median price of RM 160K and a median price per square foot (PSF) of RM 294.

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 143K to RM 173K, and a typical market range of RM 144K to RM 173K.

Within the Low-Cost Flat category, low-cost flat dominated the market, with moderate diversity in property types available.

The median PSF stands at RM 294, with core pricing between RM 263 and RM 324. Market pricing typically extends from RM 263.50 to RM 323.50, reflecting moderate variation in unit pricing. With an IQR of RM 60.00 and MAD of RM 31, 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

6 properties grouped by size

550 sqft
6 units Low-Cost Flat
RM 160,000
549 sqft · RM 291.00 PSF
Jul 2024
RM 173,000
549 sqft · RM 315.00 PSF
Feb 2024
RM 165,000
549 sqft · RM 301.00 PSF
Nov 2023
RM 138,000
549 sqft · RM 251.00 PSF
Feb 2023
RM 160,000
541 sqft · RM 296.00 PSF
Nov 2022
RM 125,000
549 sqft · RM 228.00 PSF
May 2022