Area Intelligence

TAMAN DESA ARA

4 properties
2023
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Median Price
RM 335,000
PSF: RM 229

Residential Market

Median Price

RM 335,000

IQR: RM 37
MAD: RM 21
RM 229 PSF 10.7%

PSF Trends (2021-2025)

PROPERTY TYPES OVERVIEW

TAMAN DESA ARA in Seberang Perai Utara, Penang recorded 4 subsale transactions in 2023, with a median price of RM 335K and a median price per square foot (PSF) of RM 229.

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 335K, with most transactions falling within a stable range of RM 285K to RM 392K, and a typical market range of RM 296K to RM 374K.

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

The median PSF stands at RM 229, with core pricing between RM 187 and RM 270. Market pricing typically extends from RM 207.50 to RM 249.50, reflecting moderate variation in unit pricing. The spread of RM 42.00 (IQR) and deviation of RM 42 (MAD) suggest moderate price variations reflecting different property features.

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.

Area Location

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TAMAN DESA ARA, Seberang Perai Utara, Penang

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Transactions

4 properties grouped by size

1,300 sqft
3 units Single Storey Terraced
RM 360,000
LORONG DESA ARA 4
1,302 sqft · RM 276.00 PSF
Jun 2023
RM 310,000
LRG DESA ARA 4
1,302 sqft · RM 238.00 PSF
Jun 2023
RM 285,000
LORONG DESA ARA 6
1,302 sqft · RM 219.00 PSF
Mar 2023
2,700 sqft
1 units Single Storey Semi-D
RM 435,000
LORONG DESA ARA 7
2,723 sqft · RM 160.00 PSF
Jul 2023