TAMAN JAYA

TAMAN JAYA in Seberang Perai Tengah, Penang recorded 6 subsale transactions in 2023, with a median price of RM 320K and a median price per square foot (PSF) of RM 234.

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 320K, with most transactions falling within a stable range of RM 191K to RM 647K, and a typical market range of RM 245K to RM 395K.

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 234, though individual units vary from RM 13 to RM 454 in the core range. The broader market spans RM 169.88 to RM 297.13, indicating diverse property characteristics. A wider spread (IQR: RM 127.25) and deviation (MAD: RM 221) indicate significant PSF variations, likely due to diverse property types or conditions.

While the area has shown positive growth trends, price variations suggest a more dynamic market. This presents opportunities for investors comfortable with moderate volatility. Significant price variations suggest comparing multiple properties and timing the market carefully. Limited transaction history suggests carefully evaluating comparable sales data.