Taman Impian Jaya
14000 Bukit Mertajam, Pulau Pinang, Malaysia
14000 Bukit Mertajam, Pulau Pinang, Malaysia
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Market Snapshot
ResidentialRM 494,500
RM 177 psfMedian transaction price
Taman Impian Jaya, 14000 Bukit Mertajam, Pulau Pinang, Malaysia
MapsTaman Impian Jaya in Seberang Perai Tengah, Penang recorded 2 subsale transactions between 2021 and 2026, sized between 2,775 and 2,824 sqft, with a median price of RM 495K and a median price per square foot (PSF) of RM 177.
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 495K, with most transactions falling within a stable range of RM 490K to RM 499K, and a typical market range of RM 490K to RM 499K.
Most transactions involved low-cost flat, with high diversity across multiple property types.
For price per square foot, the median is RM 177, with most transactions between RM 175 and RM 178. The usual range is RM 111.19 to RM 242.19, showing that most units are priced quite close to each other. With an IQR of RM 131.00 and MAD of RM 2, the PSF demonstrates reasonable consistency across the market.
While the area has shown positive growth trends, price variations suggest a more dynamic market. This presents opportunities for investors comfortable with moderate volatility. Some price volatility exists, making thorough market research essential before transacting. Limited transaction history suggests carefully evaluating comparable sales data.