Taman Jaya

14000 Bukit Mertajam, Pulau Pinang, Malaysia

Property Transactions

4 subsales grouped by size

Median
RM 387,500
PSF
RM 224
Price Size
Period
transactions middle 50% (P25–P75)
1,200 sqft
Terrace
RM 350,000
Jalan Anggerik
1,215 sqft · RM 288 PSF
1,700 sqft
2-Sty Terrace
RM 425,000
Lorong Kantan 1
1,701 sqft · RM 250 PSF
1,850 sqft
Semi-D
RM 306,000
Jalan Melati
1,827 sqft · RM 167 PSF
6,050 sqft
Semi-D
RM 1,200,000
Jalan Teratai
6,044 sqft · RM 199 PSF
Legend Recent Highest Price Highest PSF

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Market Snapshot

Residential

RM 387,500

RM 224 psf

Median transaction price

Taman Jaya
© OpenStreetMap · CARTO

Taman Jaya, 14000 Bukit Mertajam, Pulau Pinang, Malaysia

Maps

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 224.

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 306K to RM 754K, 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 224, though individual units vary from RM 178 to RM 271 in the core range. The broader market spans RM 160.60 to RM 287.85, indicating diverse property characteristics. The spread of RM 127.25 (IQR) and deviation of RM 46 (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. Significant price variations suggest comparing multiple properties and timing the market carefully. Limited transaction history suggests carefully evaluating comparable sales data.