TAMAN ALMA JAYA FASA 4

Area Intelligence
2022
Median Price
RM 384,000
PSF: RM 290

Residential PSF Trends

Median Price

RM 342,000

PSF: RM 272

Commercial PSF Trends

Median Price

RM 400,000

RM 290 PSF

TAMAN ALMA JAYA FASA 4 in Seberang Perai Tengah, Penang recorded 7 subsale transactions in 2022, with a median price of RM 384K and a median price per square foot (PSF) of RM 290.

This area contains both residential and commercial properties. View 10 residential properties or 4 commercial properties separately for more focused analysis.

Price remained flat, and PSF growth was PSF remained flat. The median price is RM 384K, with most transactions falling within a stable range of RM 379K to RM 300K, and a typical market range of RM 310K to RM 300K.

Most transactions involved 1 - 1 1/2 storey terraced, with high diversity across multiple property types.

For price per square foot, the median is RM 290, with most transactions between RM 272 and RM 308. The usual range is RM 249.50 to RM 330.50, showing that most units are priced quite close to each other. With an IQR of RM 81.00 and MAD of RM 18, 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.

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TAMAN ALMA JAYA FASA 4, Seberang Perai Tengah, Penang

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Transactions

3 transactions grouped by size

1,200 sqft
Single Storey Terraced
RM 300,000
LORONG ALMA JAYA 29
1,206 sqft · RM 249 PSF
1,300 sqft
Single Storey Terraced
RM 290,000
LORONG ALMA JAYA 33
1,302 sqft · RM 223 PSF
1,450 sqft
Double Storey Shop
RM 300,000
JALAN ROZHAN
1,464 sqft · RM 205 PSF

No Properties For Sale

There are currently no properties listed for sale in this area.

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