Area Intelligence

TMN DESA ARA

1 properties
2024
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Median Price
RM 548,000
PSF: RM 383

Commercial Market

Median Price

RM 548,000

IQR: RM 24
MAD: RM 24
RM 383 PSF 10.9%

PSF Trends (2021-2025)

TMN DESA ARA in Seberang Perai Utara, Penang recorded 1 subsale transactions in 2024, with a median price of RM 548K and a median price per square foot (PSF) of RM 383.

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

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

Most transactions involved 2 - 2 1/2 storey shop, with minimal variety in property types.

For price per square foot, the median is RM 383, with most transactions between RM 383 and RM 383. The usual range is RM 371.25 to RM 394.75, showing that most units are priced quite close to each other. A typical spread (IQR) of RM 23.50 and an average deviation (MAD) of RM 0 indicate a highly stable PSF trend across properties.

Overall, the market in this area appears stable with consistent appreciation, making it an attractive option for both investors and homebuyers. The consistent property type and stable pricing make it easier to assess value and compare trends. Limited transaction history suggests carefully evaluating comparable sales data.

Area Location

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TMN DESA ARA, Seberang Perai Utara, Penang

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Transactions

1 properties grouped by size

1,450 sqft
1 units Double Storey Shop
RM 548,000
JLN DESA ARA
1,432 sqft · RM 383.00 PSF
Jul 2024