Taman Impian Jaya

14000 Bukit Mertajam, Pulau Pinang, Malaysia

Property Transactions

8 subsales grouped by size

Median
RM 430,000
PSF
RM 232
Price Size
Period
transactions middle 50% (P25–P75)
550 sqft
LC Flat
RM 55,000
Level 4
538 sqft · RM 102 PSF
1,200 sqft
Terrace
RM 315,000
Jalan Jaya 2
1,195 sqft · RM 264 PSF
1,700 sqft
2-Sty Terrace
RM 460,000
Lorong Jaya 5
1,711 sqft · RM 269 PSF
RM 400,000
Lorong Jaya 5
1,711 sqft · RM 234 PSF
1,800 sqft
2-Sty Terrace
RM 600,000
Lorong Jaya 5
1,808 sqft · RM 332 PSF
RM 300,000
Jalan Pala
2,486 sqft · RM 121 PSF
RM 580,000
Lorong Jaya 5
2,519 sqft · RM 230 PSF
RM 550,000
Lorong Jaya 5
2,519 sqft · RM 218 PSF
Legend Recent Highest Price Highest PSF

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Market Snapshot

Residential

RM 430,000

RM 232 psf

Median transaction price

Taman Impian Jaya
© OpenStreetMap · CARTO

Taman Impian Jaya, 14000 Bukit Mertajam, Pulau Pinang, Malaysia

Maps

Taman Impian Jaya in Seberang Perai Tengah, Penang recorded 8 subsale transactions in 2022, with a median price of RM 430K and a median price per square foot (PSF) of RM 232.

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 430K, with most transactions falling within a stable range of RM 259K to RM 600K, and a typical market range of RM 232K to RM 600K.

Most transactions involved low-cost flat, with high diversity across multiple property types.

Price per square foot shows a median of RM 232, though individual units vary from RM 161 to RM 303 in the core range. The broader market spans RM 166.50 to RM 297.50, indicating diverse property characteristics. A wider spread (IQR: RM 131.00) and deviation (MAD: RM 71) indicate significant PSF variations, likely due to diverse property types or conditions.

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.