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 grouped by size

1,300 sqft
13 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
1,400 sqft
2 units Single Storey Terraced
RM 360,000
LORONG ARA JAYA 1
1,399 sqft · RM 257.00 PSF
Dec 2024
RM 250,000
JALAN ARA KUDA
1,399 sqft · RM 179.00 PSF
Apr 2024
1,450 sqft
1 units Double Storey Shop
RM 664,000
JALAN ARA KUDA
1,464 sqft · RM 454.00 PSF
Apr 2024
1,500 sqft
1 units Double Storey Shop
RM 675,000
JALAN ARA KUDA
1,496 sqft · RM 451.00 PSF
Apr 2024
1,550 sqft
1 units Double Storey Shop
RM 670,000
JALAN ARA KUDA
1,539 sqft · RM 435.00 PSF
Apr 2024
1,750 sqft
3 units Single Storey Terraced
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
1,800 sqft
1 units Single Storey Terraced
RM 416,000
DALAM PROSES PEMBINAAN
1,798 sqft · RM 231.00 PSF
Feb 2024
1,950 sqft
2 units Single Storey Terraced
RM 413,000
JALAN ARA JAYA 1
1,948 sqft · RM 212.00 PSF
Nov 2024
RM 413,000
LORONG ARA JAYA 4
1,948 sqft · RM 212.00 PSF
Nov 2024
2,150 sqft
1 units Double Storey Shop
RM 673,000
JALAN ARA KUDA
2,142 sqft · RM 314.00 PSF
Feb 2024