Area Intelligence

TAMAN ARA JAYA

66 properties
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Median Price
RM 250,000
PSF: RM 192

Residential Market

Median Price

RM 250,000

IQR: RM 28
MAD: RM 15
RM 192 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 66 subsale transactions between 2021 and 2025, with a median price of RM 250K and a median price per square foot (PSF) of RM 192.

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 250K, with most transactions falling within a stable range of RM 250K to RM 401K, and a typical market range of RM 250K to RM 332K.

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 192, though individual units vary from RM 76 to RM 308 in the core range. The broader market spans RM 170.00 to RM 214.00, indicating diverse property characteristics. A wider spread (IQR: RM 44.00) and deviation (MAD: RM 116) indicate significant PSF variations, likely due to diverse property types or conditions.

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. 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

66 properties grouped by size

1,300 sqft
66 units (showing 6)
RM 560,000
Double Storey Shop JALAN ARA JAYA
1,302 sqft · RM 430.00 PSF
Oct 2024
RM 695,000
Double Storey Shop JALAN ARA JAYA
1,302 sqft · RM 534.00 PSF
Oct 2024
RM 695,000
Double Storey Shop JALAN ARA JAYA
1,302 sqft · RM 534.00 PSF
Sep 2024
RM 560,000
Double Storey Shop JALAN ARA KUDA
1,302 sqft · RM 430.00 PSF
May 2024
RM 580,000
Double Storey Shop JALAN ARA KUDA
1,302 sqft · RM 445.00 PSF
Apr 2024
RM 575,000
Double Storey Shop JALAN ARA KUDA
1,302 sqft · RM 441.00 PSF
Mar 2024