Desa Ara
Sungai Ara, 11900 Bayan Lepas, Pulau Pinang, Malaysia
Sungai Ara, 11900 Bayan Lepas, Pulau Pinang, Malaysia
| Road | Price | PSF | Size | Date | Type |
|---|
|
Level 2
|
RM290,000
|
RM414
|
700 sqft
|
|
|
|
Level G
|
RM240,000
|
RM343
|
700 sqft
|
|
|
Cangkat Sungai Ara 2
|
RM698,000
|
RM413
|
1,690 sqft
|
|
|
|
Cangkat Sungai Ara 2
|
RM888,000
|
RM525
|
1,690 sqft
|
|
|
Cangkat Sungai Ara 3
|
RM830,000
|
RM451
|
1,841 sqft
|
|
|
Cangkat Sungai Ara 2
|
RM1,200,000
|
RM463
|
2,594 sqft
|
|
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Desa Ara
PSF median price per sq ft · 12m its change over the past 12 months
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Market Snapshot
ResidentialRM700,000
RM451 psfMedian transaction price
Sungai Ara, 11900 Bayan Lepas, Pulau Pinang, Malaysia
MapsDesa Ara in Barat Daya, Penang recorded 7 subsale transactions between 2021 and 2026, with a median price of RM700K and a median price per square foot (PSF) of RM451.
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 RM700K, with most transactions falling within a stable range of RM388K to RM1.01 million, and a typical market range of RM592K to RM808K.
Most transactions involved 2 - 2 1/2 storey terraced, with high diversity across multiple property types.
The median PSF stands at RM451, with core pricing between RM365 and RM537. Market pricing typically extends from RM350.68 to RM551.18, reflecting moderate variation in unit pricing. The spread of RM200.50 (IQR) and deviation of RM86 (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. Some price volatility exists, making thorough market research essential before transacting. Limited transaction history suggests carefully evaluating comparable sales data.