Penang, Seberang Perai Tengah, Mukit Mertajam

TAMAN JAYA

Area Intelligence

Median Price

RM 418,500

PSF: RM 174

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Residential PSF Trends

Median Price

RM 418,500

PSF: RM 174

Commercial PSF Trends

Median Price

RM 935,000

RM 589 PSF

TAMAN JAYA in Seberang Perai Tengah, Penang recorded 2 subsale transactions between 2021 and 2025, with a median price of RM 419K and a median price per square foot (PSF) of RM 174.

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 419K, with most transactions falling within a stable range of RM 387K to RM 450K, and a typical market range of RM 387K to RM 450K.

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

The median PSF stands at RM 174, with core pricing between RM 148 and RM 199. Market pricing typically extends from RM 109.88 to RM 237.13, reflecting moderate variation in unit pricing. With an IQR of RM 127.25 and MAD of RM 26, 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 JAYA, Seberang Perai Tengah, Penang

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