Area Intelligence

TAMAN ARA JAYA

25 properties
2024
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Median Price
RM 560,000
PSF: RM 430

Residential Market

Median Price

RM 390,000

IQR: RM 28
MAD: RM 15
RM 222 PSF 7.5%

PSF Trends (2021-2025)

Commercial Market

Median Price

RM 575,000

IQR: RM 11
MAD: RM 8
RM 441 PSF 1.3%

PSF Trends (2021-2025)

TAMAN ARA JAYA in Seberang Perai Utara, Penang recorded 25 subsale transactions in 2024, with a median price of RM 560K and a median price per square foot (PSF) of RM 430.

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 560K, with most transactions falling within a stable range of RM 436K to RM 684K, and a typical market range of RM 479K to RM 642K.

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 430, though individual units vary from RM 318 to RM 542 in the core range. The broader market spans RM 408.00 to RM 452.00, indicating diverse property characteristics. A wider spread (IQR: RM 44.00) and deviation (MAD: RM 112) 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. Moderate transaction volume may require patience when buying or selling.

Area Location

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TAMAN ARA JAYA, Seberang Perai Utara, Penang

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Transactions

25 properties found

Single Storey Terraced JALAN ARA JAYA 1
RM 390,000
1,755 sqft Dec 2024
RM 222.00 PSF
Single Storey Terraced LORONG ARA JAYA 1
RM 360,000
1,399 sqft Dec 2024
RM 257.00 PSF
Single Storey Terraced JALAN ARA JAYA 1
RM 413,000
1,948 sqft Nov 2024
RM 212.00 PSF
Single Storey Terraced LORONG ARA JAYA 4
RM 390,000
1,755 sqft Nov 2024
RM 222.00 PSF
Single Storey Terraced LORONG ARA JAYA 4
RM 390,000
1,755 sqft Nov 2024
RM 222.00 PSF
Single Storey Terraced LORONG ARA JAYA 4
RM 413,000
1,948 sqft Nov 2024
RM 212.00 PSF
Double Storey Shop JALAN ARA JAYA
RM 560,000
1,302 sqft Oct 2024
RM 430.00 PSF
Double Storey Shop JALAN ARA JAYA
RM 695,000
1,302 sqft Oct 2024
RM 534.00 PSF
Double Storey Shop JALAN ARA JAYA
RM 695,000
1,302 sqft Sep 2024
RM 534.00 PSF
Double Storey Shop JALAN ARA KUDA
RM 560,000
1,302 sqft May 2024
RM 430.00 PSF
Single Storey Terraced JALAN ARA KUDA
RM 250,000
1,399 sqft Apr 2024
RM 179.00 PSF
Double Storey Shop JALAN ARA KUDA
RM 580,000
1,302 sqft Apr 2024
RM 445.00 PSF
Double Storey Shop JALAN ARA KUDA
RM 664,000
1,464 sqft Apr 2024
RM 454.00 PSF
Double Storey Shop JALAN ARA KUDA
RM 675,000
1,496 sqft Apr 2024
RM 451.00 PSF
Double Storey Shop JALAN ARA KUDA
RM 670,000
1,539 sqft Apr 2024
RM 435.00 PSF
Double Storey Shop JALAN ARA KUDA
RM 575,000
1,302 sqft Mar 2024
RM 441.00 PSF
Double Storey Shop JALAN ARA KUDA
RM 575,000
1,302 sqft Mar 2024
RM 441.00 PSF
Single Storey Terraced DALAM PROSES PEMBINAAN
RM 416,000
1,798 sqft Feb 2024
RM 231.00 PSF
Double Storey Shop JALAN ARA KUDA
RM 575,000
1,302 sqft Feb 2024
RM 441.00 PSF
Double Storey Shop JALAN ARA JAYA
RM 560,000
1,302 sqft Feb 2024
RM 430.00 PSF
Double Storey Shop JALAN ARA KUDA
RM 560,000
1,302 sqft Feb 2024
RM 430.00 PSF
Double Storey Shop JALAN ARA KUDA
RM 575,000
1,302 sqft Feb 2024
RM 441.00 PSF
Double Storey Shop JALAN ARA KUDA
RM 673,000
2,142 sqft Feb 2024
RM 314.00 PSF
Single Storey Terraced JALAN ARA KUDA
RM 364,000
1,302 sqft Jan 2024
RM 279.00 PSF
Double Storey Shop JALAN ARA KUDA
RM 575,000
1,302 sqft Jan 2024
RM 441.00 PSF