Sungai Ara

12, Lebuh Sungai Ara, Kampung Manggis, 11900 Bayan Lepas, Pulau Pinang, Malaysia

Property Transactions

4 subsales found

Price Size
Period
transactions middle 50% (P25–P75)
RM140,000
Level 2
549 sqft RM255 PSF
RM165,000
Level 1
549 sqft RM301 PSF
RM1,550,000
Persiaran Sungai Ara 2
4,521 sqft RM343 PSF
RM138,000
Level 4
549 sqft RM251 PSF
Legend Recent Highest Price Highest PSF

Selling in Sungai Ara? Homes here sold for a median of RM152,500.

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Market Snapshot

Residential

RM152,500

RM278 psf

Median transaction price

Sungai Ara
© OpenStreetMap · CARTO

12, Lebuh Sungai Ara, Kampung Manggis, 11900 Bayan Lepas, Pulau Pinang, Malaysia

Maps

Sungai Ara in Barat Daya, Penang recorded 4 subsale transactions in 2023, with a median price of RM153K and a median price per square foot (PSF) of RM278.

This area consists exclusively of residential properties, with no commercial listings recorded.

Price remained flat, and PSF growth was PSF remained flat. The median price is RM153K, with most transactions falling within a stable range of RM138K to RM760K, and a typical market range of RM138K to RM363K.

Most transactions involved low-cost flat, with moderate diversity in property types available.

The median PSF stands at RM278, with core pricing between RM240 and RM315. Market pricing typically extends from RM237.55 to RM318.05, reflecting moderate variation in unit pricing. With an IQR of RM80.50 and MAD of RM37, 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. Significant price variations suggest comparing multiple properties and timing the market carefully. Limited transaction history suggests carefully evaluating comparable sales data.