Taman Desa Sri Jaya
1, Lorong Seri Jaya, 14000 Bukit Mertajam, Pulau Pinang, Malaysia
1, Lorong Seri Jaya, 14000 Bukit Mertajam, Pulau Pinang, Malaysia
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Market Snapshot
ResidentialRM 280,000
RM 236 psfMedian transaction price
1, Lorong Seri Jaya, 14000 Bukit Mertajam, Pulau Pinang, Malaysia
MapsTaman Desa Sri Jaya in Seberang Perai Tengah, Penang recorded 3 subsale transactions in 2022, with a median price of RM 280K and a median price per square foot (PSF) of RM 236.
This area consists exclusively of residential properties, with no commercial listings recorded.
Price remained flat, and PSF growth was PSF remained flat. The median price is RM 280K, with most transactions falling within a stable range of RM 190K to RM 300K, and a typical market range of RM 255K to RM 300K.
Most transactions involved condominium/apartment, though some variety exists in the market.
Price per square foot shows a median of RM 236, though individual units vary from RM 185 to RM 288 in the core range. The broader market spans RM 209.48 to RM 263.48, indicating diverse property characteristics. The spread of RM 54.00 (IQR) and deviation of RM 51 (MAD) suggest moderate price variations reflecting different property features.
Overall, the market in this area appears stable with consistent appreciation, making it an attractive option for both investors and homebuyers. Moderate price stability provides a balanced market for both buyers and sellers. Limited transaction history suggests carefully evaluating comparable sales data.