Penang
Seberang Perai Tengah
15
TAMAN ALMA JAYA FASA 4

TAMAN ALMA JAYA FASA 4

Area Intelligence

2023

Median Price

RM 450,000

PSF: RM 327

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Residential PSF Trends

Median Price

RM 405,000

PSF: RM 311

Commercial PSF Trends

Median Price

RM 450,000

RM 327 PSF

TAMAN ALMA JAYA FASA 4 in Seberang Perai Tengah, Penang recorded 3 subsale transactions in 2023, with a median price of RM 450K and a median price per square foot (PSF) of RM 327.

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 450K, with most transactions falling within a stable range of RM 408K to RM 450K, and a typical market range of RM 376K to RM 450K.

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 327, with most transactions between RM 297 and RM 357. The usual range is RM 286.50 to RM 367.50, showing that most units are priced quite close to each other. With an IQR of RM 81.00 and MAD of RM 30, 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

Popular Ranges

Under RM 300k RM 300k - 500k RM 500k - 750k RM 750k - 1M RM 1M - 2M RM 2M+

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Size Range (sqft)

Popular Ranges

Under 1,000 sqft 1,000 - 2,000 sqft 2,000 - 3,000 sqft 3,000 - 5,000 sqft 5,000 - 10,000 sqft 10,000+ sqft

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Road	Price	Land PSF	Land	Date	Type

1,300 sqft

RM 450,000

LORONG ALMA JAYA 35

1,302 sqft · RM 346 PSF

Aug 2023

RM 360,000

LORONG ALMA JAYA 33

1,302 sqft · RM 276 PSF

Apr 2023

LORONG ALMA JAYA 35	RM 450,000	RM 346	1,302 sqft	Aug 2023	Double Storey Terraced
LORONG ALMA JAYA 33	RM 360,000	RM 276	1,302 sqft	Apr 2023	Single Storey Terraced