Desa Ara
Sungai Ara, 11900 Bayan Lepas, Pulau Pinang, Malaysia
Sungai Ara, 11900 Bayan Lepas, Pulau Pinang, Malaysia
| LIST.MY · Desa Ara | |||||
|---|---|---|---|---|---|
|
Road
|
Price
|
PSF
|
Size
|
Date
|
Type
|
| 2024 | |||||
|
Cangkat Sungai Ara 1A
|
RM885,000
|
RM467
|
1,894 sqft
|
|
2-Sty Terrace |
|
Cangkat Sungai Ara 1
|
RM1,000,000
|
RM528
|
1,894 sqft
|
|
2-Sty Terrace |
| 2023 | |||||
|
Cangkat Sungai Ara 1
|
RM950,000
|
RM501
|
1,894 sqft
|
|
2-Sty Terrace |
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Desa Ara
PSF median price per sq ft · 12m its change over the past 12 months
Most-traded areas in this mukim, by number of recorded subsale transactions. See every area in 12
Market Snapshot
ResidentialRM950,000
RM501 psfMedian transaction price
Sungai Ara, 11900 Bayan Lepas, Pulau Pinang, Malaysia
MapsDesa Ara in Barat Daya, Penang recorded 3 subsale transactions between 2021 and 2026, sized between 1,875 and 1,924 sqft, with a median price of RM950K and a median price per square foot (PSF) of RM501.
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 RM950K, with most transactions falling within a stable range of RM903K to RM997K, and a typical market range of RM885K to RM1.00 million.
Most transactions involved 2 - 2 1/2 storey terraced, with high diversity across multiple property types.
For price per square foot, the median is RM501, with most transactions between RM477 and RM526. The usual range is RM401.21 to RM601.71, showing that most units are priced quite close to each other. With an IQR of RM200.50 and MAD of RM25, 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.