Penang, Seberang Perai Utara, Butterworth

TAMAN JAYA

Area Intelligence

Median Price

RM 700,000

PSF: RM 367

TAMAN JAYA in Seberang Perai Utara, Penang recorded 2 subsale transactions between 2021 and 2025, with a median price of RM 700K and a median price per square foot (PSF) of RM 367.

This area consists exclusively of residential properties, with no commercial listings recorded.

Price remained flat, and PSF growth was PSF remained flat. The median price is RM 700K, with most transactions falling within a stable range of RM 400K to RM 1.00 million, and a typical market range of RM 550K to RM 850K.

Most transactions involved 1 - 1 1/2 storey terraced, with moderate diversity in property types available.

The median PSF stands at RM 367, with core pricing between RM 302 and RM 432. Market pricing typically extends from RM 334.50 to RM 399.50, reflecting moderate variation in unit pricing. The spread of RM 65.00 (IQR) and deviation of RM 65 (MAD) suggest moderate price variations reflecting different property features.

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 JAYA, Seberang Perai Utara, Penang

OSM