6 Houses for Sale at Stramax Residences, Sungai Ara, Penang
DeveloperPalmex Industries Sdn Bhd (IOI Group)
Explore iProperty
Stramax Residences is a freehold terraced house in Sungai Ara, Penang. There are currently 6 listing(s) available for sale on iProperty Malaysia. The listings start from RM2M for units with 3,000 sqft.
You can search for other projects within Sungai Ara such as Idaman Lavender, Sierra Residences, and Desaria Sri Merpati. Find your ideal properties, contact verified agents, and compare prices only with iProperty Malaysia.
The iProperty Take on Buying Stramax Residences
Roughly 1 in 100 property searches in Sungai Ara over the last 30 days were for Stramax Residences. There are 6 total units available for sale at the project. Asking prices for 5+ Bedroom units are well above the Sungai Ara average for that configuration. Just 2 of the 6 units currently listed are 4-Bedroom units, a reflection of its rarity rather than a shift in the wider market.
Developer & Launch
Stramax Residences is a Terraced House development by Palmex Industries Sdn Bhd (IOI Group) located in Sungai Ara. The project reached completion in 2018.
This Freehold property consists of 107 units within 1 building that stands 3 floors high. Unit configurations include Type A with 4 bedrooms and 4 bathrooms at 2,960 sq ft, Type B with 5 bedrooms and 5 bathrooms at 3,089 sq ft, and Type C with 5 bedrooms and 4 bathrooms at 2,960 sq ft.
Top Amenities & Facilities at Stramax Residences
Stramax Residences provides a selection of essential facilities designed to support the daily activities and well-being of its residents. These on-site amenities offer spaces for recreation and physical activity within the community.
- Swimming pool
- Playground
- Perimeter Fencing
- Gym
- Landscaped Garden
Pricing by Unit Type
- 5+ Bedroom
- Average asking price: RM 1.76M
- Asking PSF: RM 1,004 psf
- vs. Sungai Ara avg. PSF: RM 648 psf (55.05% above average)
- Positioning: Premium.
- Listings: 4
- 4-Bedroom
- Average asking price: RM 1.99M
- Asking PSF: RM 1,131 psf
- vs. Sungai Ara avg. PSF: RM 659 psf (71.45% above average)
- Positioning: Premium, scarce.
- Listings: 2
Neighbourhood at a Glance
Stramax Residences is located in Sungai Ara with verified proximity to local dining, healthcare, and educational facilities. Buyers can reference the following established points of interest and their respective travel times from the property.
- HEALTHCARE: Pearl Maternity Hospital, 656 m (8 minutes walking distance)
- EDUCATION: D'Monte Child Care & Development Centre, 735 m (9 minutes walking distance)
- FOOD & BEVERAGE: Tien Tien Lai Dim Sum, 532 m (6 minutes walking distance)
Past Transaction & Price Insights
Stramax Residences recorded historical transactions from 2023 to 2025 with a median price of RM766 PSF. The typical range for these transactions was between RM724 PSF and RM807 PSF.
The price per square foot saw a decline of -19.57% during this period.
Ready to Make Your Move?
6 homes are currently for sale at Stramax Residences, starting from RM1,750,000. See what's currently on the market and compare layouts side by side.
This copy was published on 25 September 2026.