TAMAN ARA JAYA

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.

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 192, with most transactions between RM 175 and RM 209. The usual range is RM 170.00 to RM 214.00, 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 17 indicate a highly stable PSF trend across properties.

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.