TAMAN JAYA

Area Intelligence
3 subsale transactions
Double Storey Shop
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Median Price
RM 720,000
PSF: RM 505

Residential PSF Trends

Median Price

RM 350,000

PSF: RM 234

Commercial PSF Trends

Median Price

RM 720,000

RM 505 PSF

TAMAN JAYA in Seberang Perai Tengah, Penang recorded 3 Double Storey Shop properties subsale transactions between 2021 and 2025 for double storey shop properties, with a median price of RM 720K and a median price per square foot (PSF) of RM 505.

This area contains both residential and commercial properties. View 11 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 720K, with most transactions falling within a stable range of RM 560K to RM 983K, and a typical market range of RM 645K to RM 795K.

Within the Double Storey Shop category, 2 - 2 1/2 storey semi-detached dominated the market, with high diversity across multiple property types.

Price per square foot shows a median of RM 505, though individual units vary from RM 390 to RM 620 in the core range. The broader market spans RM 441.38 to RM 568.63, indicating diverse property characteristics. The spread of RM 127.25 (IQR) and deviation of RM 115 (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. 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 JAYA, Seberang Perai Tengah, Penang

OSM

Transactions

3 transactions grouped by size

1,400 sqft
Double Storey Shop
RM 720,000
JALAN KULIM
1,425 sqft · RM 505.00 PSF
Oct 2024
RM 560,000
JALAN KULIM
1,420 sqft · RM 394.00 PSF
Mar 2023
1,750 sqft
Double Storey Shop
RM 1,180,000
JALAN KULIM
1,752 sqft · RM 673.00 PSF
Mar 2025