TAMAN ARA JAYA

Area Intelligence
2024
Median Price
RM 560,000
PSF: RM 430

Residential PSF Trends

Median Price

RM 390,000

PSF: RM 222

Commercial PSF Trends

Median Price

RM 575,000

RM 441 PSF

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 540K to RM 416K, and a typical market range of RM 479K to RM 416K.

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 408 and RM 452. 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 22 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. The consistent property type and stable pricing make it easier to assess value and compare trends. Moderate transaction volume may require patience when buying or selling.

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TAMAN ARA JAYA, Seberang Perai Utara, Penang

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Transactions

9 transactions grouped by size

1,300 sqft
Single Storey Terraced
RM 364,000
JALAN ARA KUDA
1,302 sqft · RM 279 PSF
1,400 sqft
Single Storey Terraced
RM 360,000
LORONG ARA JAYA 1
1,399 sqft · RM 257 PSF
RM 250,000
JALAN ARA KUDA
1,399 sqft · RM 179 PSF
1,750 sqft
Single Storey Terraced
RM 390,000
JALAN ARA JAYA 1
1,755 sqft · RM 222 PSF
RM 390,000
LORONG ARA JAYA 4
1,755 sqft · RM 222 PSF
RM 390,000
LORONG ARA JAYA 4
1,755 sqft · RM 222 PSF
1,800 sqft
Single Storey Terraced
RM 416,000
DALAM PROSES PEMBINAAN
1,798 sqft · RM 231 PSF
1,950 sqft
Single Storey Terraced
RM 413,000
JALAN ARA JAYA 1
1,948 sqft · RM 212 PSF
RM 413,000
LORONG ARA JAYA 4
1,948 sqft · RM 212 PSF

No Properties For Sale

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

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