Casa Ara in Barat Daya, Penang recorded 2 subsale transactions in 2024, with a median price of RM200K and a median price per square foot (PSF) of RM290.

This area consists exclusively of residential properties, with no commercial listings recorded.

Price remained flat, and PSF growth was PSF remained flat. The median price is RM200K, with most transactions falling within a stable range of RM80K to RM320K, and a typical market range of RM141K to RM260K.

Most transactions involved flats, with minimal variety in property types.

Price per square foot shows a median of RM290, though individual units vary from RM122 to RM457 in the core range. The broader market spans RM204.61 to RM374.61, indicating diverse property characteristics. A wider spread (IQR: RM170.00) and deviation (MAD: RM168) indicate significant PSF variations, likely due to diverse property types or conditions.

While the area has shown positive growth trends, price variations suggest a more dynamic market. This presents opportunities for investors comfortable with moderate volatility. Significant price variations suggest comparing multiple properties and timing the market carefully. Limited transaction history suggests carefully evaluating comparable sales data.