Sungai Ara in Barat Daya, Penang recorded 3 subsale transactions in 2021, with a median price of RM1.35 million and a median price per square foot (PSF) of RM494.

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 RM1.35 million, with most transactions falling within a stable range of RM1.20 million to RM1.45 million, and a typical market range of RM1.26 million to RM1.44 million.

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

The median PSF stands at RM494, with core pricing between RM435 and RM553. Market pricing typically extends from RM459.28 to RM528.28, reflecting moderate variation in unit pricing. With an IQR of RM69.00 and MAD of RM59, 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.