TAMAN ARA JAYA

TAMAN ARA JAYA in Seberang Perai Utara, Penang recorded 9 subsale transactions in 2023, with a median price of RM 546K and a median price per square foot (PSF) of RM 314.

This area contains both residential and commercial properties. View 128 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 546K, with most transactions falling within a stable range of RM 388K to RM 673K, and a typical market range of RM 465K to RM 628K.

Most transactions involved 1 - 1 1/2 storey terraced, though some variety exists in the market.

Price per square foot shows a median of RM 314, though individual units vary from RM 192 to RM 436 in the core range. The broader market spans RM 292.00 to RM 336.00, indicating diverse property characteristics. A wider spread (IQR: RM 44.00) and deviation (MAD: RM 122) indicate significant PSF variations, likely due to diverse property types or conditions.

Overall, the market in this area appears stable with consistent appreciation, making it an attractive option for both investors and homebuyers. Moderate price stability provides a balanced market for both buyers and sellers. Limited transaction history suggests carefully evaluating comparable sales data.