TAMAN DESA ARA

Area Intelligence
2023
Median Price
RM 360,000
PSF: RM 238

Residential PSF Trends

Median Price

RM 335,000

PSF: RM 229

Commercial PSF Trends

Median Price

RM 560,000

RM 430 PSF

TAMAN DESA ARA in Seberang Perai Utara, Penang recorded 5 subsale transactions in 2023, with a median price of RM 360K and a median price per square foot (PSF) of RM 238.

This area contains both residential and commercial properties. View 12 residential properties or 2 commercial properties separately for more focused analysis.

Price remained flat, and PSF growth was PSF remained flat. The median price is RM 360K, with most transactions falling within a stable range of RM 303K to RM 417K, and a typical market range of RM 320K to RM 400K.

Most transactions involved 1 - 1 1/2 storey terraced, though some variety exists in the market.

The median PSF stands at RM 238, with core pricing between RM 196 and RM 280. Market pricing typically extends from RM 200.75 to RM 275.25, reflecting moderate variation in unit pricing. The spread of RM 74.50 (IQR) and deviation of RM 42 (MAD) suggest moderate price variations reflecting different property features.

Overall, the market in this area appears stable with consistent appreciation, making it an attractive option for both investors and homebuyers. Moderate price stability provides a balanced market for both buyers and sellers. Limited transaction history suggests carefully evaluating comparable sales data.

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TAMAN DESA ARA, Seberang Perai Utara, Penang

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Transactions

4 transactions found

RM 435,000
LORONG DESA ARA 7
2,723 sqft RM 160.00 PSF
RM 360,000
LORONG DESA ARA 4
1,302 sqft RM 276.00 PSF
RM 310,000
LORONG DESA ARA 4
1,302 sqft RM 238.00 PSF
RM 285,000
LORONG DESA ARA 6
1,302 sqft RM 219.00 PSF

No Properties For Sale

There are currently no properties listed for sale in this area.

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