Desa Ara

Sungai Ara, 11900 Bayan Lepas, Pulau Pinang, Malaysia

Property Transactions

13 subsales found

Price Size
Period
transactions middle 50% (P25–P75)
RM870,000
Lintang Sungai Ara 3
1,604 sqft RM542 PSF
RM680,000
Cangkat Sungai Ara 3
1,356 sqft RM501 PSF
RM675,000
Cangkat Sungai. Ara 9
1,421 sqft RM475 PSF
RM600,000
Cangkat Sungai Ara 2
1,690 sqft RM355 PSF
RM650,000
Cangkat Sungai. Ara 4
1,281 sqft RM507 PSF
RM900,000
Cangkat Sungai Ara 7
1,798 sqft RM501 PSF
RM700,000
Lintang Sungai Ara 3
1,604 sqft RM436 PSF
RM990,000
Jalan Sungai Ara 1
2,454 sqft RM403 PSF
RM718,000
Cangkat Sungai Ara 3
1,345 sqft RM534 PSF
RM600,000
Cangkat Sungai Ara 7
1,302 sqft RM461 PSF
RM720,000
Cangkat Sungai. Ara 4
1,281 sqft RM562 PSF
RM950,000
Cangkat Sungai Ara 1
1,894 sqft RM501 PSF
RM770,000
Cangkat Sungai Ara 2
1,636 sqft RM471 PSF
Legend Recent Highest Price Highest PSF

Selling in Desa Ara? Homes here sold for a median of RM718,000.

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Market Snapshot

Residential

RM718,000

RM501 psf

Median transaction price

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Sungai Ara, 11900 Bayan Lepas, Pulau Pinang, Malaysia

Maps

Desa Ara in Barat Daya, Penang recorded 13 subsale transactions in 2023, with a median price of RM718K 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 RM718K, with most transactions falling within a stable range of RM600K to RM843K, and a typical market range of RM610K to RM826K.

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

The median PSF stands at RM501, with core pricing between RM446 and RM556. Market pricing typically extends from RM400.43 to RM600.93, reflecting moderate variation in unit pricing. With an IQR of RM200.50 and MAD of RM55, the PSF demonstrates reasonable consistency across the market.

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.