TAMAN DESA ARA in Seberang Perai Utara, Penang recorded 3 subsale transactions in 2024, with a median price of RM 370K and a median price per square foot (PSF) of RM 284.
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 370K, with most transactions falling within a stable range of RM 370K to RM 454K, and a typical market range of RM 370K to RM 410K.
Most transactions involved 1 - 1 1/2 storey terraced, though some variety exists in the market.
The median PSF stands at RM 284, with core pricing between RM 237 and RM 331. Market pricing typically extends from RM 246.75 to RM 321.25, reflecting moderate variation in unit pricing. The spread of RM 74.50 (IQR) and deviation of RM 47 (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.
