Penang
Barat Daya
12
TAMAN SUNGAI ARA

TAMAN SUNGAI ARA

Area Intelligence

2022

Median Price

RM 660,000

PSF: RM 326

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Residential PSF Trends

Median Price

RM 660,000

PSF: RM 326

TAMAN SUNGAI ARA in Barat Daya, Penang recorded 1 subsale transactions in 2022, with a median price of RM 660K and a median price per square foot (PSF) of RM 326.

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

Price remained flat, and PSF growth was PSF remained flat.

Most transactions involved 2 - 2 1/2 storey terraced, with high diversity across multiple property types.

For price per square foot, the median is RM 326, with most transactions between RM 326 and RM 326. The usual range is RM 255.75 to RM 396.25, showing that most units are priced quite close to each other. With an IQR of RM 140.50 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.

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TAMAN SUNGAI ARA, Barat Daya, Penang

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