Penang
Seberang Perai Utara
13
TAMAN DESA ARA

TAMAN DESA ARA

Area Intelligence

2023

Median Price

RM 360,000

PSF: RM 238

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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.

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

For price per square foot, the median is RM 238, with most transactions between RM 238 and RM 238. The usual range is RM 200.75 to RM 275.25, showing that most units are priced quite close to each other. With an IQR of RM 74.50 and MAD of RM 0, 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. 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.

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TAMAN DESA ARA, Seberang Perai Utara, Penang

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