Taman Alma Jaya Fasa 1

1, Perai, Pulau Pinang, Malaysia

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Market Snapshot

Residential

RM275,000

RM255 psf

Median transaction price

Taman Alma Jaya Fasa 1 in Seberang Perai Tengah, Penang recorded 0 subsale transactions in 2021, with a median price of RM275K and a median price per square foot (PSF) of RM255.

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 RM275K, with most transactions falling within a stable range of RM255K to RM295K, and a typical market range of RM258K to RM293K.

Most transactions involved low-cost house, with minimal variety in property types.

For price per square foot, the median is RM255, with most transactions between RM232 and RM278. The usual range is RM234.75 to RM275.25, showing that most units are priced quite close to each other. A typical spread (IQR) of RM40.50 and an average deviation (MAD) of RM23 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.