TAMAN ARA JAYA

Area Intelligence
2022
Median Price
RM 250,000
PSF: RM 192

Residential PSF Trends

Median Price

RM 250,000

PSF: RM 192

Commercial PSF Trends

Median Price

RM 560,000

RM 430 PSF

TAMAN ARA JAYA in Seberang Perai Utara, Penang recorded 124 subsale transactions in 2022, with a median price of RM 250K and a median price per square foot (PSF) of RM 192.

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 250K, with most transactions falling within a stable range of RM 560K to RM 331K, and a typical market range of RM 560K to RM 331K.

Most transactions involved 1 - 1 1/2 storey terraced, though some variety exists in the market.

Price per square foot shows a median of RM 192, though individual units vary from RM 25 to RM 359 in the core range. The broader market spans RM 170.00 to RM 214.00, indicating diverse property characteristics. A wider spread (IQR: RM 44.00) and deviation (MAD: RM 167) 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. Some price volatility exists, making thorough market research essential before transacting. Steady transaction activity supports reliable market pricing.

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TAMAN ARA JAYA, Seberang Perai Utara, Penang

OSM

Track location

Transactions

65 transactions grouped by size

1,300 sqft
Single Storey Terraced
RM 250,000
JALAN ARA KUDA
1,302 sqft · RM 192 PSF
RM 250,000
JALAN ARA KUDA
1,302 sqft · RM 192 PSF
RM 250,000
JALAN ARA KUDA
1,302 sqft · RM 192 PSF
RM 250,000
JALAN ARA KUDA
1,302 sqft · RM 192 PSF
RM 250,000
JALAN ARA KUDA
1,302 sqft · RM 192 PSF
RM 250,000
JALAN ARA KUDA
1,302 sqft · RM 192 PSF
1,400 sqft
Single Storey Terraced
RM 250,000
JALAN ARA KUDA
1,399 sqft · RM 179 PSF
RM 250,000
JALAN ARA KUDA
1,399 sqft · RM 179 PSF
RM 250,000
JALAN ARA KUDA
1,399 sqft · RM 179 PSF
RM 250,000
JALAN ARA KUDA
1,399 sqft · RM 179 PSF
RM 250,000
LORONG ARA JAYA 1
1,399 sqft · RM 179 PSF
RM 250,000
JALAN ARA KUDA
1,399 sqft · RM 179 PSF
1,750 sqft
Single Storey Terraced
RM 250,000
DALAM PROSES PEMBINAAN
1,755 sqft · RM 142 PSF
RM 250,000
JALAN ARA KUDA
1,755 sqft · RM 142 PSF
RM 250,000
JALAN ARA KUDA
1,755 sqft · RM 142 PSF
RM 250,000
DALAM PROSES PEMBINAAN
1,755 sqft · RM 142 PSF
1,850 sqft
Single Storey Terraced
RM 250,000
LORONG ARA JAYA 1
1,851 sqft · RM 135 PSF
2,000 sqft
Single Storey Terraced
RM 250,000
JALAN ARA KUDA
2,002 sqft · RM 125 PSF
RM 250,000
JALAN ARA KUDA
2,002 sqft · RM 125 PSF

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There are currently no properties listed for sale in this area.

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