Fairview Residence

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

Property Transactions

16 subsales grouped by size

Median
RM434,000
PSF
RM568
Price Size
Period
transactions middle 50% (P25–P75)
700 sqft
Condo
RM430,000
Level 22
700 sqft · RM615 PSF
RM343,000
Level 23
700 sqft · RM490 PSF
750 sqft
Condo
RM428,000
Level 24
753 sqft · RM568 PSF
RM428,000
Level 30
753 sqft · RM568 PSF
RM428,000
Level 22
753 sqft · RM568 PSF
RM428,000
Level 31
753 sqft · RM568 PSF
RM428,000
Level 32
753 sqft · RM568 PSF
900 sqft
Condo
RM498,000
Level 32
904 sqft · RM551 PSF
RM638,000
Level 7
904 sqft · RM706 PSF
RM448,000
Level 18
904 sqft · RM495 PSF
RM480,000
Level 7
904 sqft · RM531 PSF
RM548,000
Level 7
904 sqft · RM606 PSF
RM588,000
Level 7
904 sqft · RM650 PSF
+3 more
Legend Recent Highest Price Highest PSF

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Market Snapshot

Residential

RM434,000

RM568 psf

Median transaction price

Low

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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 16 subsale transactions in 2023, with a median price of RM434K and a median price per square foot (PSF) of RM568.

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 RM434K, with most transactions falling within a stable range of RM348K to RM520K, and a typical market range of RM424K to RM444K.

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

The median PSF stands at RM568, with core pricing between RM494 and RM642. Market pricing typically extends from RM527.04 to RM609.04, reflecting moderate variation in unit pricing. With an IQR of RM82.00 and MAD of RM74, 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. Limited transaction history suggests carefully evaluating comparable sales data.