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Sungai Ara

The median sale at Sungai Ara, Penang, Malaysia is RM 530,000

25%
RM 260,000
RM 292 (PSF)
MEDIAN
RM 530,000
RM 442 (PSF)
75%
RM 765,000
RM 541 (PSF)

 

Overview

Sungai Ara is a township located in the Southeast of Penang Island. From Malay the name translates to “Fig River”. Prior to development, it was a rural agricultural land dominated by vegetable farming. It gets its name from Sungai Ara river flowing east through the area which joins with Sungai Relau to form the larger Sungai Keluang which eventually opens on to the sea.

Property Development

At present, Sungai Ara is largely comprised of residential developments. As Sungai Ara is a little far from George Town, the residents are those working in the south, mainly, at Bayan Lepas Industrial Zone. Residential options are available from various apartments: Acres Villa, Aramas Apartment, I-Park, Idaman Lavender, Mutiara Perdana, Sri Abadi, Sri Kenari and Taman Sri Puteri; condominiums: Fiera Vista, Idaman Iris, Pearl Garden, One Imperial, Reflections, Regency Heights, Setia Pinnacle, Setia Tri-Angle, Sunrise Garden, Gardens Ville,  Meridien Residence, Vistaria, Zan Pavillon and Sierra Residences; and housing estates: Dua Villas – 2 & 3-storey terraces, Sathu Terraces – 2-storey terraces, Tree Residency – 2-storey corner duplex, link duplex and twin villa houses, Raintree Garden – 2-storey semi-detached houses, Setia Greens & Sunway Merica – 3-storey terrace &  semi-detached houses, Cangkat Sungai Ara – 2.5-storey terraces and Taman Sri Bayan – 2-storey houses and a high-rise apartment.

Amenities and Facilities

Sungai Ara village (at Jalan Tengah junction) provides the nearest night market & farmer's market with fresh produce due to presence of many orchards and farms surrounding the area. Although shopping malls are not located within this neighborhood, Jambul Complex, Sunshine Square, Giant Hypermarket and Queensbay Mall are only a short drive away. The locals dine out at Sungai Ara Food Court, with many hawker stalls selling a variety of local dishes, and at a number of other individual eateries such as Kedai Kopi Sin Kang, Sushi Kitchen, Pak Husin Tomyam and Watari Sate Sungai Ara. Places of worship in the area include Guan Gong Temple, Masjid Al-Huda, Surau Ar Rahman and Georgetown Baptist Church. Medical needs are attended to by Hope Children Hospital and Pantai Hospital Penang (10 minutes) while Penang International Sports Arena and Metropolitan Public Park are suited for recreational activities, which are all, within a short drive. Other amenities and facilities in Sungai Ara include schools such as SK Sungai Ara, SRJK (C) Chong Cheng, SM Sungai Ara and SK Mutiara Perdana, clinic, pharmacy and petrol station.

Accessibility and Transportation

To reach Sungai Ara from the mainland either Penang Bridge or Penang Second Bridge can be used as it is approximately equidistant from both bridges. Within the island, from the North it can be reached via Jalan Paya Terubong then Jalan Kampung Batak which leads to any destination within Sungai Ara while Jalan Dato Ismail Hashim provides access from the South.

Past Transactions

Project / TownShipsTypeMedian Price PsfMedian PriceFiled Transactions
Idaman LavenderCondominium/Apartment,FlatRM 441RM 331,367139 Transactions
One ImperialCondominium/ApartmentRM 492RM 567,238139 Transactions
Desa AraTerrace House,Detached House,Semi-Detached House,Flat,Condominium/ApartmentRM 439RM 836,161116 Transactions
Sierra ResidencesCondominium/ApartmentRM 435RM 447,286108 Transactions
Gardens VilleCondominium/ApartmentRM 442RM 528,20995 Transactions
Setia PinnacleCondominium/ApartmentRM 484RM 603,04391 Transactions
Regency HeightsCondominium/ApartmentRM 432RM 566,98376 Transactions
Desaria Sri Merpati FlatFlatRM 254RM 144,03755 Transactions
Idaman IrisCondominium/Apartment,FlatRM 468RM 405,71055 Transactions
Flat Seri DelimaFlat,Condominium/ApartmentRM 202RM 124,66751 Transactions
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Rent and Sale Prices in Sungai Ara

BedroomsSale PriceMonthly RentRental Yield
1RM --RM ----
2RM --RM ----
3RM 519,439RM 1,3613.14%
4RM 824,000RM ----
5RM 1,544,750RM ----

Price per Square Foot

SectorPrice Psf (Non Landed)Price Psf (Landed)
Area AverageRM 406RM 464
State AverageRM 328RM 256

Highest Price Growth

ProjectsAnnual Growth
Pangsapuri Sri Abadi0.48%

Lowest Price Growth

ProjectsAnnual Growth
Regency Heights0.03%