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 560K to RM 614K, and a typical market range of RM 560K to RM 641K.
Most transactions involved 1 - 1 1/2 storey terraced, though some variety exists in the market.
The median PSF stands at RM 430, with core pricing between RM 384 and RM 476. Market pricing typically extends from RM 408.00 to RM 452.00, reflecting moderate variation in unit pricing. With an IQR of RM 44.00 and MAD of RM 46, the PSF demonstrates reasonable consistency across the market.
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. Moderate transaction volume may require patience when buying or selling.
