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 310K to RM 410K, 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 210 and RM 266. Market pricing typically extends from RM 200.75 to RM 275.25, reflecting moderate variation in unit pricing. With an IQR of RM 74.50 and MAD of RM 28, the PSF demonstrates reasonable consistency across the market.
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.
