TAMAN ARA JAYA

Area Intelligence
SOHO/SOFO/SOVO
Median Price
RM 320,000
PSF: RM 192

Residential PSF Trends

Median Price

RM 250,000

PSF: RM 192

Commercial PSF Trends

Median Price

RM 575,000

RM 438 PSF

TAMAN ARA JAYA in Seberang Perai Utara, Penang recorded 0 SOHO/SOFO/SOVO properties subsale transactions between 2021 and 2025 for soho/sofo/sovo properties, with a median price of RM 320K and a median price per square foot (PSF) of RM 192.

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 320K, with most transactions falling within a stable range of RM 250K to RM 390K, and a typical market range of RM 239K to RM 401K.

Within the SOHO/SOFO/SOVO category, 1 - 1 1/2 storey terraced dominated the market, though some variety exists in the market.

The median PSF stands at RM 192, with core pricing between RM 165 and RM 219. Market pricing typically extends from RM 170.00 to RM 214.00, reflecting moderate variation in unit pricing. With an IQR of RM 44.00 and MAD of RM 27, the PSF demonstrates reasonable consistency across the market.

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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