TAMAN DESA ARA in Seberang Perai Utara, Penang recorded 5 subsale transactions in 2022, with a median price of RM 300K and a median price per square foot (PSF) of RM 215.
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 300K, with most transactions falling within a stable range of RM 300K to RM 330K, and a typical market range of RM 300K to RM 340K.
Most transactions involved 1 - 1 1/2 storey terraced, though some variety exists in the market.
The median PSF stands at RM 215, with core pricing between RM 186 and RM 244. Market pricing typically extends from RM 177.75 to RM 252.25, reflecting moderate variation in unit pricing. With an IQR of RM 74.50 and MAD of RM 29, 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.
