Desa Ara

Sungai Ara, 11900 Bayan Lepas, Pulau Pinang, Malaysia

Property Transactions

12 subsales found

Price Size
Period
transactions middle 50% (P25–P75)
RM910,000
Gerbang Sungai Ara 1
1,238 sqft RM735 PSF
RM885,000
Cangkat Sungai Ara 1A
1,894 sqft RM467 PSF
RM797,000
Cangkat Sungai Ara 3
1,345 sqft RM592 PSF
RM1,000,000
Cangkat Sungai Ara 1
1,894 sqft RM528 PSF
RM270,000
Level 6
700 sqft RM386 PSF
RM835,000
Changkat Sungai Ara 3
1,851 sqft RM451 PSF
RM801,000
Cangkat Sungai Ara 2
2,282 sqft RM351 PSF
RM738,000
Lintang Sungai Ara 2
2,002 sqft RM369 PSF
RM820,000
Cangkat Sungai Ara 3
1,345 sqft RM609 PSF
RM860,000
Jalan Sungai Ara 2
1,238 sqft RM695 PSF
RM750,000
Cangkat Sungai Ara 2
1,432 sqft RM524 PSF
RM810,000
Changkat Sungai Ara
1,421 sqft RM570 PSF
Legend Recent Highest Price Highest PSF

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Market Snapshot

Residential

RM805,500

RM496 psf

Median transaction price

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Sungai Ara, 11900 Bayan Lepas, Pulau Pinang, Malaysia

Maps

Desa Ara in Barat Daya, Penang recorded 12 subsale transactions in 2024, with a median price of RM815K and a median price per square foot (PSF) of RM526.

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 RM815K, with most transactions falling within a stable range of RM644K to RM986K, and a typical market range of RM707K to RM923K.

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

Price per square foot shows a median of RM526, though individual units vary from RM407 to RM645 in the core range. The broader market spans RM425.62 to RM626.12, indicating diverse property characteristics. The spread of RM200.50 (IQR) and deviation of RM119 (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.