TAMAN ARA JAYA

Area Intelligence
2022
Median Price
RM 435,000
PSF: RM 113

Residential PSF Trends

Median Price

RM 435,000

PSF: RM 113

Commercial PSF Trends

Median Price

RM 575,000

RM 438 PSF

TAMAN ARA JAYA in Seberang Perai Utara, Penang recorded 13 subsale transactions in 2022, with a median price of RM 435K and a median price per square foot (PSF) of RM 113.

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 435K, with most transactions falling within a stable range of RM 408K to RM 537K, and a typical market range of RM 408K to RM 516K.

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 113, with most transactions between RM 102 and RM 124. The usual range is RM 91.00 to RM 135.00, 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 11 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. 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

13 transactions grouped by size

3,350 sqft
Single Storey Terraced
RM 428,000
JALAN ARA KUDA
3,358 sqft · RM 127 PSF
3,400 sqft
Single Storey Terraced
RM 408,000
JALAN ARA KUDA
3,380 sqft · RM 121 PSF
3,500 sqft
Single Storey Semi-D
RM 436,000
JALAN ARA KUDA
3,498 sqft · RM 125 PSF
3,800 sqft
Single Storey Semi-D
RM 432,000
LORONG ARA JAYA 5
3,810 sqft · RM 113 PSF
3,850 sqft
Single Storey Semi-D
RM 434,000
JALAN ARA KUDA
3,853 sqft · RM 113 PSF
3,900 sqft
Single Storey Semi-D
RM 435,000
DALAM PROSES PEMBINAAN
3,875 sqft · RM 112 PSF
RM 458,000
DALAM PROSES PEMBINAAN
3,875 sqft · RM 118 PSF
RM 435,000
LORONG ARA JAYA 5
3,875 sqft · RM 112 PSF
RM 435,000
DALAM PROSES PEMBINAAN
3,875 sqft · RM 112 PSF
4,100 sqft
Single Storey Terraced
RM 470,000
JALAN ARA KUDA
4,080 sqft · RM 115 PSF
5,700 sqft
Single Storey Semi-D
RM 570,000
LORONG ARA JAYA 5
5,683 sqft · RM 100 PSF
5,800 sqft
Bungalow
RM 606,000
LORONG ARA JAYA 5
5,813 sqft · RM 104 PSF
9,200 sqft
Single Storey Semi-D
RM 783,000
LORONG ARA JAYA 5
9,203 sqft · RM 85 PSF

No Properties For Sale

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

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