Desa Ara

Sungai Ara, 11900 Bayan Lepas, Pulau Pinang, Malaysia

Property Transactions

14 subsales grouped by size

Price Size
Period
transactions middle 50% (P25–P75)
500 sqft
Flat
RM175,000
Level 5
517 sqft · RM339 PSF
RM165,000
Level 2
506 sqft · RM326 PSF
RM290,000
Level 5
700 sqft · RM414 PSF
RM220,000
Level 5
700 sqft · RM314 PSF
1,350 sqft
2-Sty Terrace
RM720,000
Cangkat Sungai. Ara 4
1,345 sqft · RM535 PSF
RM750,000
Cangkat Sungai Ara 5
1,345 sqft · RM557 PSF
1,600 sqft
Terrace
RM800,000
Lintang Sungai Ara 1
1,604 sqft · RM499 PSF
2,000 sqft
2-Sty Terrace
RM700,000
Cangkat Sungai. Ara 2
2,002 sqft · RM350 PSF
2,900 sqft
Semi-D
RM1,365,000
Cangkat Sungaiara 10
2,917 sqft · RM468 PSF
3,800 sqft
Terrace
RM1,230,000
Tingkat Sungai Ara 4
3,800 sqft · RM324 PSF
3,950 sqft
Bungalow
RM1,350,000
Jalan Sungai Ara 7
3,950 sqft · RM342 PSF
RM1,500,000
Jalan Sungai Ara 7
3,950 sqft · RM380 PSF
4,450 sqft
Semi-D
RM1,530,000
Gerbang Sungai Ara 4
4,467 sqft · RM343 PSF
5,450 sqft
Semi-D
RM1,550,000
Persiaran Sungai Ara 3
5,436 sqft · RM285 PSF
Legend Recent Highest Price Highest PSF

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Market Snapshot

Residential

RM775,000

RM346 psf

Median transaction price

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Sungai Ara, 11900 Bayan Lepas, Pulau Pinang, Malaysia

Maps

Desa Ara in Barat Daya, Penang recorded 14 subsale transactions in 2022, with a median price of RM775K and a median price per square foot (PSF) of RM346.

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 RM775K, with most transactions falling within a stable range of RM260K to RM1.29 million, and a typical market range of RM667K to RM883K.

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

Price per square foot shows a median of RM346, though individual units vary from RM261 to RM431 in the core range. The broader market spans RM245.82 to RM446.32, indicating diverse property characteristics. The spread of RM200.50 (IQR) and deviation of RM85 (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. Significant price variations suggest comparing multiple properties and timing the market carefully. Limited transaction history suggests carefully evaluating comparable sales data.