Arasia Perdana (The Clovers)

Lengkok Merbah 3, Taman Sri Bayan, 11900 Bayan Lepas, Pulau Pinang, Malaysia

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Market Snapshot

Residential

RM604,000

RM464 psf

Median transaction price

Arasia Perdana (The Clovers)
© OpenStreetMap · CARTO

Lengkok Merbah 3, Taman Sri Bayan, 11900 Bayan Lepas, Pulau Pinang, Malaysia

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List AI Investment Analysis. Premium specifications stalled by supply overhang; high rental volume, stagnant equity.

Arasia Perdana (The Clovers) in Barat Daya, Penang recorded 0 subsale transactions between 2021 and 2026, with a median price of RM604K and a median price per square foot (PSF) of RM464.

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 RM604K, with most transactions falling within a stable range of RM554K to RM654K, and a typical market range of RM557K to RM651K.

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

For price per square foot, the median is RM464, with most transactions between RM428 and RM500. The usual range is RM420.38 to RM507.63, showing that most units are priced quite close to each other. With an IQR of RM87.25 and MAD of RM36, 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.