Penang
Seberang Perai Utara
13
TAMAN ARA JAYA

TAMAN ARA JAYA

Area Intelligence

2023

Median Price

RM 546,000

PSF: RM 314

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Residential PSF Trends

Median Price

RM 250,000

PSF: RM 186

Commercial PSF Trends

Median Price

RM 575,000

RM 430 PSF

TAMAN ARA JAYA in Seberang Perai Utara, Penang recorded 9 subsale transactions in 2023, with a median price of RM 546K and a median price per square foot (PSF) of RM 314.

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 546K, with most transactions falling within a stable range of RM 546K to RM 591K, and a typical market range of RM 546K to RM 627K.

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

The median PSF stands at RM 314, with core pricing between RM 266 and RM 362. Market pricing typically extends from RM 292.00 to RM 336.00, reflecting moderate variation in unit pricing. The spread of RM 44.00 (IQR) and deviation of RM 48 (MAD) suggest moderate price variations reflecting different property features.

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. Limited transaction history suggests carefully evaluating comparable sales data.

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TAMAN ARA JAYA, Seberang Perai Utara, Penang

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Transactions

5 transactions grouped by size

Popular Ranges

Under RM 300k RM 300k - 500k RM 500k - 750k RM 750k - 1M RM 1M - 2M RM 2M+

Custom Range

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Size Range (sqft)

Popular Ranges

Under 1,000 sqft 1,000 - 2,000 sqft 2,000 - 3,000 sqft 3,000 - 5,000 sqft 5,000 - 10,000 sqft 10,000+ sqft

Custom Range

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Road	Price	Land PSF	Land	Date	Type

1,300 sqft

Double Storey Shop

1,300 sqft

Double Storey Shop

RM 546,000

JALAN ARA KUDA

1,302 sqft · RM 419 PSF

Jul 2023

RM 575,000

JALAN ARA KUDA

1,302 sqft · RM 441 PSF

Jul 2023

RM 560,000

JALAN ARA KUDA

1,302 sqft · RM 430 PSF

May 2023

RM 575,000

DALAM PEMBINAAN

1,302 sqft · RM 441 PSF

Feb 2023

JALAN ARA KUDA	RM 546,000	RM 419	1,302 sqft	Jul 2023
JALAN ARA KUDA	RM 575,000	RM 441	1,302 sqft	Jul 2023
JALAN ARA KUDA	RM 560,000	RM 430	1,302 sqft	May 2023
DALAM PEMBINAAN	RM 575,000	RM 441	1,302 sqft	Feb 2023