Arasia Perdana (The Clovers)

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

Property Transactions

8 subsales grouped by size

Median
RM534,000
PSF
RM480
Price Size
Period
transactions middle 50% (P25–P75)
700 sqft
Condo
RM392,000
Level 25
712 sqft · RM551 PSF
750 sqft
Condo
RM435,000
Level 22
764 sqft · RM569 PSF
RM435,000
Level 22
765 sqft · RM569 PSF
1,000 sqft
Condo
RM468,000
Level 30
986 sqft · RM475 PSF
1,400 sqft
Condo
RM600,000
Level 11
1,399 sqft · RM429 PSF
RM680,000
Level 20
1,399 sqft · RM486 PSF
RM630,000
Level 36
1,399 sqft · RM450 PSF
1,600 sqft
Condo
RM720,000
Level 28
1,598 sqft · RM451 PSF
Legend Recent Highest Price Highest PSF

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Market Snapshot

Residential

RM534,000

RM480 psf

Median transaction price

Arasia Perdana (The Clovers)
© OpenStreetMap · CARTO

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

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

Arasia Perdana (The Clovers) in Barat Daya, Penang recorded 8 subsale transactions in 2023, with a median price of RM534K and a median price per square foot (PSF) of RM480.

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 RM534K, with most transactions falling within a stable range of RM415K to RM653K, and a typical market range of RM487K to RM581K.

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

The median PSF stands at RM480, with core pricing between RM427 and RM534. Market pricing typically extends from RM436.74 to RM523.99, reflecting moderate variation in unit pricing. With an IQR of RM87.25 and MAD of RM53, 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. Moderate price stability provides a balanced market for both buyers and sellers. Limited transaction history suggests carefully evaluating comparable sales data.