TAMAN TANJUNG JAYA in Seberang Perai Utara, Penang recorded 5 subsale transactions in 2023, with a median price of RM 162K and a median price per square foot (PSF) of RM 236.
This area contains both residential and commercial properties. View 9 residential properties or 2 commercial properties separately for more focused analysis.
Price remained flat, and PSF growth was PSF remained flat. The median price is RM 162K, with most transactions falling within a stable range of RM 136K to RM 173K, and a typical market range of RM 150K to RM 173K.
Most transactions involved flats, though some variety exists in the market.
The median PSF stands at RM 236, with core pricing between RM 198 and RM 274. Market pricing typically extends from RM 218.00 to RM 254.00, reflecting moderate variation in unit pricing. The spread of RM 36.00 (IQR) and deviation of RM 38 (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. Significant price variations suggest comparing multiple properties and timing the market carefully. Limited transaction history suggests carefully evaluating comparable sales data.
