TAMAN DESA ARA

TAMAN DESA ARA in Seberang Perai Utara, Penang recorded 5 subsale transactions in 2022, with a median price of RM 300K and a median price per square foot (PSF) of RM 215.

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 RM 300K, with most transactions falling within a stable range of RM 280K to RM 331K, and a typical market range of RM 280K to RM 339K.

Most transactions involved 1 - 1 1/2 storey terraced, with minimal variety in property types.

The median PSF stands at RM 215, with core pricing between RM 189 and RM 241. Market pricing typically extends from RM 194.00 to RM 236.00, reflecting moderate variation in unit pricing. With an IQR of RM 42.00 and MAD of RM 26, the PSF demonstrates reasonable consistency across the market.

Overall, the market in this area appears stable with consistent appreciation, making it an attractive option for both investors and homebuyers. The consistent property type and stable pricing make it easier to assess value and compare trends. Limited transaction history suggests carefully evaluating comparable sales data.