TAMAN JAYA in Seberang Perai Tengah, Penang recorded 4 subsale transactions in 2022, with a median price of RM 388K and a median price per square foot (PSF) of RM 244.
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 388K, with most transactions falling within a stable range of RM 328K to RM 447K, and a typical market range of RM 313K to RM 463K.
Most transactions involved 2 - 2 1/2 storey semi-detached, with high diversity across multiple property types.
Price per square foot shows a median of RM 244, though individual units vary from RM 191 to RM 296 in the core range. The broader market spans RM 179.88 to RM 307.13, indicating diverse property characteristics. The spread of RM 127.25 (IQR) and deviation of RM 53 (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.
