TAMAN DESA ARA

Area Intelligence
2023
Median Price
RM 335,000
PSF: RM 257

Residential PSF Trends

Median Price

RM 310,000

PSF: RM 238

Commercial PSF Trends

Median Price

RM 560,000

RM 430 PSF

TAMAN DESA ARA in Seberang Perai Utara, Penang recorded 4 subsale transactions in 2023, with a median price of RM 335K and a median price per square foot (PSF) of RM 257.

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 335K, with most transactions falling within a stable range of RM 285K to RM 443K, and a typical market range of RM 295K to RM 375K.

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

Price per square foot shows a median of RM 257, though individual units vary from RM 174 to RM 340 in the core range. The broader market spans RM 219.75 to RM 294.25, indicating diverse property characteristics. A wider spread (IQR: RM 74.50) and deviation (MAD: RM 83) indicate significant PSF variations, likely due to diverse property types or conditions.

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 grouped by size

1,300 sqft
RM 360,000
LORONG DESA ARA 4
1,302 sqft · RM 276 PSF
RM 310,000
LORONG DESA ARA 4
1,302 sqft · RM 238 PSF
RM 560,000
JALAN DESA ARA
1,302 sqft · RM 430 PSF
RM 285,000
LORONG DESA ARA 6
1,302 sqft · RM 219 PSF

No Properties For Sale

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

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