Fairview Residence

Cangkat Sungai Ara 6A, Sungai Ara, 11900 Bayan Lepas, Pulau Pinang, Malaysia

Property Transactions

30 subsales found

Median
RM405,500
PSF
RM538
Price Size
Period
transactions middle 50% (P25–P75)
RM388,000
Level 7
753 sqft RM515 PSF
RM388,000
Level 14
753 sqft RM515 PSF
RM388,000
Level 13
753 sqft RM515 PSF
RM428,000
Level 21
753 sqft RM568 PSF
RM428,000
Level 27
753 sqft RM568 PSF
RM443,000
Level 25
786 sqft RM564 PSF
RM433,000
Level 29
786 sqft RM551 PSF
RM388,000
Level 16
753 sqft RM515 PSF
RM388,000
Level 19
753 sqft RM515 PSF
RM408,000
Level 26
753 sqft RM541 PSF
RM388,000
Level 10
753 sqft RM515 PSF
RM403,000
Level 10
753 sqft RM535 PSF
RM388,000
Level 11
753 sqft RM515 PSF
RM388,000
Level 14
753 sqft RM515 PSF
RM388,000
Level 19
753 sqft RM515 PSF
RM388,000
Level 20
753 sqft RM515 PSF
RM408,000
Level 25
753 sqft RM541 PSF
RM408,000
Level 28
753 sqft RM541 PSF
RM418,000
Level 29
753 sqft RM555 PSF
RM418,000
Level 30
753 sqft RM555 PSF
RM403,000
Level 9
786 sqft RM513 PSF
RM403,000
Level 21
786 sqft RM513 PSF
RM433,000
Level 31
786 sqft RM551 PSF
RM408,000
Level 23
753 sqft RM541 PSF
RM408,000
Level 26
753 sqft RM541 PSF
RM408,000
Level 27
753 sqft RM541 PSF
RM408,000
Level 28
753 sqft RM541 PSF
RM403,000
Level 19
786 sqft RM513 PSF
RM408,000
Level 28
753 sqft RM541 PSF
RM388,000
Level 21
753 sqft RM515 PSF
Legend Recent Highest Price Highest PSF

Selling in Fairview Residence? Homes here sold for a median of RM405,500.

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Market Snapshot

Residential

RM405,500

RM538 psf

Median transaction price

Low

Does FAIRVIEW RESIDENCE rent out well?

Gross yield, median rent and sale psf — worked out from transacted prices and asking rents.

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Fairview Residence
© OpenStreetMap · CARTO

Cangkat Sungai Ara 6A, Sungai Ara, 11900 Bayan Lepas, Pulau Pinang, Malaysia

Maps

Fairview Residence in Barat Daya, Penang recorded 30 subsale transactions in 2022, with a median price of RM406K and a median price per square foot (PSF) of RM538.

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 RM406K, with most transactions falling within a stable range of RM390K to RM421K, and a typical market range of RM396K to RM416K.

Most transactions involved condominium/apartment, with minimal variety in property types.

For price per square foot, the median is RM538, with most transactions between RM520 and RM557. The usual range is RM497.18 to RM579.18, showing that most units are priced quite close to each other. With an IQR of RM82.00 and MAD of RM19, 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. Moderate transaction volume may require patience when buying or selling.