Area Intelligence

TAMAN ARA JAYA

18 properties
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Median Price
RM 333,000
PSF: RM 164

Residential Market

Median Price

RM 333,000

IQR: RM 28
MAD: RM 15
RM 164 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 18 subsale transactions between 2021 and 2025, with a median price of RM 333K and a median price per square foot (PSF) of RM 164.

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 333K, with most transactions falling within a stable range of RM 297K to RM 369K, and a typical market range of RM 252K to RM 415K.

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

For price per square foot, the median is RM 164, with most transactions between RM 148 and RM 180. The usual range is RM 142.00 to RM 186.00, showing that most units are priced quite close to each other. A typical spread (IQR) of RM 44.00 and an average deviation (MAD) of RM 16 indicate a highly stable PSF trend across properties.

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

2,000 sqft
2 units Single Storey Terraced
RM 250,000
JALAN ARA KUDA
2,002 sqft · RM 125.00 PSF
Jul 2022
RM 250,000
JALAN ARA KUDA
2,002 sqft · RM 125.00 PSF
Jun 2022
2,050 sqft
10 units (showing 6) Single Storey Terraced
RM 333,000
JALAN ARA KUDA
2,034 sqft · RM 164.00 PSF
May 2022
RM 333,000
DALAM PROSES PEMBINAAN
2,034 sqft · RM 164.00 PSF
Apr 2022
RM 333,000
JALAN ARA JAYA 3
2,034 sqft · RM 164.00 PSF
Apr 2022
RM 335,000
JALAN ARA KUDA
2,067 sqft · RM 162.00 PSF
Apr 2022
RM 333,000
DALAM PROSES PEMBINAAN
2,034 sqft · RM 164.00 PSF
Mar 2022
RM 333,000
DALAM PROSES PEMBINAAN
2,034 sqft · RM 164.00 PSF
Mar 2022
2,100 sqft
6 units Single Storey Terraced
RM 431,000
LORONG ARA JAYA 1
2,099 sqft · RM 205.00 PSF
Feb 2025
RM 338,000
JALAN ARA KUDA
2,099 sqft · RM 161.00 PSF
Mar 2022
RM 338,000
JALAN ARA KUDA
2,099 sqft · RM 161.00 PSF
Mar 2022
RM 338,000
LORONG ARA JAYA 1
2,099 sqft · RM 161.00 PSF
Mar 2022
RM 338,000
LORONG ARA JAYA 1
2,099 sqft · RM 161.00 PSF
Mar 2022
RM 336,000
JALAN ARA KUDA
2,077 sqft · RM 162.00 PSF
Feb 2022