Desa Ara

Sungai Ara, 11900 Bayan Lepas, Pulau Pinang, Malaysia

Property Transactions

3 subsales found

Price Size
Period
transactions middle 50% (P25–P75)
RM698,000
Cangkat Sungai Ara 2
1,690 sqft RM413 PSF
RM888,000
Cangkat Sungai Ara 2
1,690 sqft RM525 PSF
RM600,000
Cangkat Sungai Ara 2
1,690 sqft RM355 PSF
Legend Recent Highest Price Highest PSF

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Market Snapshot

Residential

RM698,000

RM413 psf

Median transaction price

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Sungai Ara, 11900 Bayan Lepas, Pulau Pinang, Malaysia

Maps

Desa Ara in Barat Daya, Penang recorded 3 subsale transactions between 2021 and 2026, sized between 1,675 and 1,724 sqft, with a median price of RM698K and a median price per square foot (PSF) of RM413.

This area contains both residential and commercial properties. View 45 residential properties or 2 commercial properties separately for more focused analysis.

Price remained flat, and PSF growth was PSF remained flat. The median price is RM698K, with most transactions falling within a stable range of RM600K to RM818K, and a typical market range of RM600K to RM806K.

Most transactions involved 2 - 2 1/2 storey terraced, with high diversity across multiple property types.

The median PSF stands at RM413, with core pricing between RM342 and RM484. Market pricing typically extends from RM312.75 to RM513.25, reflecting moderate variation in unit pricing. The spread of RM200.50 (IQR) and deviation of RM71 (MAD) suggest moderate price variations reflecting different property features.

While the area has shown positive growth trends, price variations suggest a more dynamic market. This presents opportunities for investors comfortable with moderate volatility. Some price volatility exists, making thorough market research essential before transacting. Limited transaction history suggests carefully evaluating comparable sales data.