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 484K to RM 393K, and a typical market range of RM 465K to RM 393K.

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 314, with most transactions between RM 294 and RM 334. The usual range is RM 292.00 to RM 336.00, 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 20 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. 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+

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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

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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