Taman Impian Jaya
14000 Bukit Mertajam, Pulau Pinang, Malaysia
14000 Bukit Mertajam, Pulau Pinang, Malaysia
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Market Snapshot
ResidentialRM 134,500
RM 227 psfMedian transaction price
Taman Impian Jaya, 14000 Bukit Mertajam, Pulau Pinang, Malaysia
MapsTaman Impian Jaya in Seberang Perai Tengah, Penang recorded 0 subsale transactions in 2021, with a median price of RM 140K and a median price per square foot (PSF) of RM 218.
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 140K, with most transactions falling within a stable range of RM 50K to RM 230K, and a typical market range of RM -58,250 to RM 338K.
Most transactions involved low-cost flat, with high diversity across multiple property types.
Price per square foot shows a median of RM 218, though individual units vary from RM 172 to RM 264 in the core range. The broader market spans RM 152.50 to RM 283.50, indicating diverse property characteristics. The spread of RM 131.00 (IQR) and deviation of RM 46 (MAD) suggest moderate price variations reflecting different property features.
While the area has shown positive growth trends, price variations suggest a more dynamic market. This presents opportunities for investors comfortable with moderate volatility. Significant price variations suggest comparing multiple properties and timing the market carefully. Limited transaction history suggests carefully evaluating comparable sales data.