Sungai Ara, Penang Island

Sungai Ara is a town that is located in Penang Island, Penang. Sungai Ara in Penang is a great example of a mixed cost residential area that satisfies the needs of investors looking for high rise and landed properties. Thanks to its strategic location near Bayan Lepas Free Industrial Zone and the Second Penang Bridge, it sees a lot of demand for property investments. The area is easy to access but its main roads face heavy traffic during peak hours. One of the perks of living in Sungai Ara is proximity to the industrial zone and state airport, which is why most of the residents are MNC employees. Investors looking to tap into this market might consider providing rental properties or well-located commercial spaces.

The built-up available in this town is 1,280 sf to 4,000 sf for houses. Other neighbouring towns nearby are Bayan Baru, Bukit Jambul, Pantai Jerjak, Relau, Setia Pearl Island, Sungai Dua and Sungai Nibong.

Property Type
Town
Land Tenure
-NA-
Built-up
1,280 sf - 4,000 sf (House)
Market Price
RM690,000 - RM2,120,000 (House)
Total Units
-NA-
Completion Date
-NA-
Developer
-NA-
Launch Price
-NA-

This town has some amenities nearby, i.e. hospitals, schools and universities. The following are some of the main hospitals here:

As for schools, there are SJK (C) Chong Cheng, SK Sungai Ara and SMK Sungai Ara.

The current rental yield of Sungai Ara is 2.9% for houses. The highest rental yield ever recorded was 3.11% in Q3 2022 (house); while the lowest one was 1.09% in Q4 2020 (house). Meanwhile, the most common unit layouts and sizes available here are as follows:

House Layouts

The most popular layout and size (built-up) combination at Sungai Ara for houses is 4-bedroom / 2,000 sf with a median price of RM550 psf. For price wise, the most expensive one is 5-bedroom / 2,500 sf with a median price of RM630 psf; while the cheapest one is 3-bedroom / 2,000 sf with a median price of RM400 psf.

Latest Sungai Ara sale listings:

TarikhJenis HartanahBinaanHarga
TodayCondominium1,270 sfRM531,000
TodayCondominium1,598 sfRM950,000
TodayRetail1,887 sfRM2,030,000
TodayCondominium1,270 sfRM531,000
TodayCondominium1,598 sfRM680,000
TodayCondominium2,390 sfRM990,000
TodayCondominium1,012 sfRM504,000
YesterdayCondominium1,100 sfRM450,000
23 Nov 2023Condominium1,314 sfRM800,000
23 Nov 2023Condominium1,180 sfRM600,000

Latest Sungai Ara rental listings:

TarikhJenis HartanahBinaanSewaan
TodayCondominium1,598 sfRM2,100
TodayApartment650 sfRM900
TodayCondominium1,598 sfRM2,100
TodayCondominium1,598 sfRM2,000
19 Nov 2023Condominium1,200 sfRM1,500
TodayMaster Room-NA-RM850
29 Nov 2023Apartment Room-NA-RM400
29 Nov 2023Master Room-NA-RM650
29 Nov 2023Condominium1,275 sfRM1,800
28 Nov 2023Master Room-NA-RM1,050
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