Area Intelligence

TAMAN ARA JAYA

10 properties
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Median Price
RM 361,000
PSF: RM 206

Residential Market

Median Price

RM 361,000

IQR: RM 28
MAD: RM 15
RM 206 PSF 7.5%

PSF Trends (2021-2025)

Commercial Market

Median Price

RM 575,000

IQR: RM 11
MAD: RM 8
RM 438 PSF 1.3%

PSF Trends (2021-2025)

TAMAN ARA JAYA in Seberang Perai Utara, Penang recorded 10 subsale transactions between 2021 and 2025, with a median price of RM 361K and a median price per square foot (PSF) of RM 206.

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 361K, with most transactions falling within a stable range of RM 292K to RM 416K, and a typical market range of RM 280K to RM 416K.

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

The median PSF stands at RM 206, with core pricing between RM 167 and RM 244. Market pricing typically extends from RM 183.50 to RM 227.50, reflecting moderate variation in unit pricing. The spread of RM 44.00 (IQR) and deviation of RM 39 (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

10 properties grouped by size

1,750 sqft
9 units (showing 6) Single Storey Terraced
RM 390,000
LORONG ARA JAYA 3
1,755 sqft · RM 222.00 PSF
Feb 2025
RM 390,000
JALAN ARA JAYA 1
1,755 sqft · RM 222.00 PSF
Dec 2024
RM 390,000
LORONG ARA JAYA 4
1,755 sqft · RM 222.00 PSF
Nov 2024
RM 390,000
LORONG ARA JAYA 4
1,755 sqft · RM 222.00 PSF
Nov 2024
RM 250,000
DALAM PROSES PEMBINAAN
1,755 sqft · RM 142.00 PSF
Nov 2022
RM 250,000
JALAN ARA KUDA
1,755 sqft · RM 142.00 PSF
Aug 2022
1,800 sqft
1 units Single Storey Terraced
RM 416,000
DALAM PROSES PEMBINAAN
1,798 sqft · RM 231.00 PSF
Feb 2024