Sungai Ara
12, Lebuh Sungai Ara, Kampung Manggis, 11900 Bayan Lepas, Pulau Pinang, Malaysia
12, Lebuh Sungai Ara, Kampung Manggis, 11900 Bayan Lepas, Pulau Pinang, Malaysia
| Road | Price | PSF | Size | Date | Type |
|---|
|
Level 2
|
RM160,000
|
RM296
|
541 sqft
|
|
|
|
Level 4
|
RM125,000
|
RM228
|
549 sqft
|
|
Selling in Sungai Ara? Homes here sold for a median of RM142,500.
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Sungai 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
ResidentialRM142,500
RM262 psfMedian transaction price
12, Lebuh Sungai Ara, Kampung Manggis, 11900 Bayan Lepas, Pulau Pinang, Malaysia
MapsSungai Ara in Barat Daya, Penang recorded 2 subsale transactions in 2022, with a median price of RM143K and a median price per square foot (PSF) of RM262.
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 RM143K, with most transactions falling within a stable range of RM125K to RM160K, and a typical market range of RM125K to RM160K.
Most transactions involved low-cost flat, with moderate diversity in property types available.
The median PSF stands at RM262, with core pricing between RM228 and RM296. Market pricing typically extends from RM221.36 to RM301.86, reflecting moderate variation in unit pricing. With an IQR of RM80.50 and MAD of RM34, 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.