Area Intelligence

TAMAN ARA JAYA

18 properties
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Median Price
RM 320,000
PSF: RM 208

Residential Market

Median Price

RM 320,000

IQR: RM 28
MAD: RM 15
RM 208 PSF 7.5%

PSF Trends (2021-2025)

Commercial Market

Median Price

RM 670,000

IQR: RM 11
MAD: RM 8
RM 435 PSF 1.3%

PSF Trends (2021-2025)

TAMAN ARA JAYA in Seberang Perai Utara, Penang recorded 18 subsale transactions between 2021 and 2025, with a median price of RM 320K and a median price per square foot (PSF) of RM 208.

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 320K, with most transactions falling within a stable range of RM 320K to RM 400K, and a typical market range of RM 320K to RM 402K.

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 208, though individual units vary from RM 156 to RM 260 in the core range. The broader market spans RM 186.00 to RM 230.00, indicating diverse property characteristics. The spread of RM 44.00 (IQR) and deviation of RM 52 (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. Some price volatility exists, making thorough market research essential before transacting. Limited transaction history suggests carefully evaluating comparable sales data.

Area Location

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TAMAN ARA JAYA, Seberang Perai Utara, Penang

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Transactions

18 properties grouped by size

1,550 sqft
18 units (showing 6)
RM 670,000
Double Storey Shop JALAN ARA KUDA
1,539 sqft · RM 435.00 PSF
Apr 2024
RM 320,000
Single Storey Terraced JALAN ARA KUDA
1,539 sqft · RM 208.00 PSF
Jun 2022
RM 320,000
Single Storey Terraced JALAN ARA KUDA
1,539 sqft · RM 208.00 PSF
Jun 2022
RM 320,000
Single Storey Terraced JALAN ARA KUDA
1,539 sqft · RM 208.00 PSF
May 2022
RM 320,000
Single Storey Terraced JALAN ARA KUDA
1,539 sqft · RM 208.00 PSF
May 2022
RM 320,000
Single Storey Terraced JALAN ARA KUDA
1,539 sqft · RM 208.00 PSF
May 2022