Sungai Ara, Penang
Sungai Ara is a town located in Penang, Malaysia. It is a mixed cost residential area with both high rises and landed properties. Its demand for properties are high because of the Bayan Lepas Free Industrial Zone and the Second Penang Bridge. The main access roads are mostly congested during rush hours. It is located very near to the state airport and industrial zone, henceforth most of the residents here are employees of the MNCs in Bayan Lepas.
The built-up available in this town is 1,280 sf to 2,800 sf for houses. Other neighbouring towns nearby are Bayan Baru, Bukit Jambul, Pantai Jerjak, Relau, Setia Pearl Island and Sungai Dua.
This town has many amenities nearby, i.e. schools, hospitals and universities. The following are some of the main schools here:
- SJK (C) Chong Cheng
- SK Sungai Ara
- SMK Sungai Ara
The current rental yield of Sungai Ara is 2.17% for houses. The highest rental yield ever recorded was 3.09% in Q4 2016 (House); while the lowest one was 1.5% in Q1 2020 (House). Meanwhile, the most common unit layouts and sizes available here are as follows:
The most popular layout and size combination at Sungai Ara for houses is 4-bedroom / 2,000 sf with a median price of RM470 psf. For price wise, the most expensive one is 3-bedroom / 1,280 sf with a median price of RM570 psf; while the cheapest one is 3-bedroom / 2,000 sf with a median price of RM370 psf.
Latest Sungai Ara for sale listings:
| Date | Type | Built-up | Price |
|---|---|---|---|
| Today | Condominium | 1,200 sf | RM545,000 |
| Today | Low-Cost Flat | 660 sf | RM225,000 |
| Yesterday | Condominium | 1,260 sf | RM540,000 |
| 24 Nov 2020 | Condominium | 1,314 sf | RM610,000 |
| 24 Nov 2020 | Condominium | 750 sf | RM299,000 |
| 24 Nov 2020 | Condominium | 1,200 sf | RM560,000 |
| 23 Nov 2020 | Condominium | 1,598 sf | RM550,000 |
| 23 Nov 2020 | Condominium | 1,450 sf | RM680,000 |
| 23 Nov 2020 | Condominium | 1,000 sf | RM5,000,000 |
| 23 Nov 2020 | Condominium | 750 sf | RM320,000 |
Latest Sungai Ara for rent listings:
| Date | Type | Built-up | Rental |
|---|---|---|---|
| Today | Room In Apartment | -NA- | RM360 |
| Today | Condominium | 850 sf | RM880 |
| Today | Room In Apartment | -NA- | RM500 |
| Today | Terrace | 2,700 sf | RM1,600 |
| Yesterday | Room In Apartment | -NA- | RM315 |
| Yesterday | Room In Apartment | -NA- | RM610 |
| 24 Nov 2020 | Room In Apartment | -NA- | RM350 |
| 24 Nov 2020 | Room | -NA- | RM550 |
| 23 Nov 2020 | Condominium | 1,180 sf | RM1,350 |
| 23 Nov 2020 | Condominium | 1,100 sf | RM1,400 |