TAMAN ARA JAYA in Seberang Perai Utara, Penang recorded 25 subsale transactions in 2024, with a median price of RM 560K and a median price per square foot (PSF) of RM 430.
This area contains both residential and commercial properties. View 129 residential properties or 24 commercial properties separately for more focused analysis.
Price remained flat, and PSF growth was PSF remained flat. The median price is RM 560K, with most transactions falling within a stable range of RM 490K to RM 630K, and a typical market range of RM 479K to RM 641K.
Most transactions involved 1 - 1 1/2 storey terraced, though some variety exists in the market.
For price per square foot, the median is RM 430, with most transactions between RM 403 and RM 457. The usual range is RM 408.00 to RM 452.00, showing that most units are priced quite close to each other. A typical spread (IQR) of RM 44.00 and an average deviation (MAD) of RM 27 indicate a highly stable PSF trend across properties.
Overall, the market in this area appears stable with consistent appreciation, making it an attractive option for both investors and homebuyers. Moderate price stability provides a balanced market for both buyers and sellers. Moderate transaction volume may require patience when buying or selling.
