Penang
Seberang Perai Utara
13
TAMAN ARA JAYA

TAMAN ARA JAYA

Area Intelligence

2024

Median Price

RM 673,000

PSF: RM 314

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Residential PSF Trends

Median Price

RM 250,000

PSF: RM 192

Commercial PSF Trends

Median Price

RM 673,000

RM 314 PSF

TAMAN ARA JAYA in Seberang Perai Utara, Penang recorded 1 subsale transactions in 2024, with a median price of RM 673K 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.

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 314 and RM 314. 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 0 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. Limited transaction history suggests carefully evaluating comparable sales data.

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TAMAN ARA JAYA, Seberang Perai Utara, Penang

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