Taman Impian Jaya
14000 Bukit Mertajam, Pulau Pinang, Malaysia
14000 Bukit Mertajam, Pulau Pinang, Malaysia
| Road | Price | PSF | Size | Date | Type |
|---|
|
Level 4
|
RM 60,000
|
RM 111
|
538 sqft
|
|
|
|
Level 4
|
RM 70,000
|
RM 130
|
538 sqft
|
|
|
|
Level 2
|
RM 65,000
|
RM 121
|
538 sqft
|
|
|
|
Level 3
|
RM 93,000
|
RM 173
|
538 sqft
|
|
|
|
Level 2
|
RM 87,000
|
RM 162
|
538 sqft
|
|
|
|
Level 4
|
RM 50,000
|
RM 93
|
538 sqft
|
|
|
Jalan Jaya 2
|
RM 325,000
|
RM 272
|
1,195 sqft
|
|
|
|
Lorong Jaya 1
|
RM 350,000
|
RM 293
|
1,195 sqft
|
|
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Market Snapshot
ResidentialRM 78,500
RM 146 psfMedian transaction price
Taman Impian Jaya, 14000 Bukit Mertajam, Pulau Pinang, Malaysia
MapsTaman Impian Jaya in Seberang Perai Tengah, Penang recorded 8 subsale transactions in 2023, with a median price of RM 79K and a median price per square foot (PSF) of RM 146.
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 79K, with most transactions falling within a stable range of RM 50K to RM 195K, and a typical market range of RM 50K to RM 277K.
Most transactions involved low-cost flat, with high diversity across multiple property types.
Price per square foot shows a median of RM 146, though individual units vary from RM 76 to RM 216 in the core range. The broader market spans RM 80.36 to RM 211.36, indicating diverse property characteristics. A wider spread (IQR: RM 131.00) and deviation (MAD: RM 70) 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.