BandingHouse

Taman Ara Jaya

Seberang Perai Utara, Penang · Terraced house · Freehold

Homes in Taman Ara Jaya have sold for a median of

RM250,000

RM297 psf on the recorded floor area

RM250,000median RM250,000RM250,000

Half of the 322 recorded sales fell between RM250,000 and RM250,000. One in ten went under RM250,000, one in ten over RM363,345. Sales run from 6 January 2022 to 4 April 2025.

Up 56% from a RM250,000 median in 2022 to RM389,700 in 2024.

These are transacted prices from the land-office record, not asking prices from ads. An ad’s number is a wish; this is the record. What terraced house sell for across Penang, beside what ads ask.

How to read this page

The median is the middle sale when every recorded sale here is lined up cheapest to dearest — half sold for less, half for more. The band (p25–p75) is the middle half of those sales. Neither figure is an asking price from an ad, and neither is a valuation of a specific unit. Asking vs transacted.

What kind of home, and what title

The land office groups these sales as terraced house under a Freehold title. Landed homes here are usually compared by whole-house price rather than psf alone; title type still matters when you sell or borrow — strata vs individual title.

Year by year

YearMedian soldPer sq ftSales
2022RM250,000RM297 psf304
2023RM250,000RM297 psf4
2024RM389,700RM461 psf10
2025RM401,250RM461 psf4

A year with only a handful of sales is a handful of sales, not a trend — the movement above is drawn only between years with five or more.

Nearby, and where this one sits

Other terraced house schemes in Seberang Perai Utara with enough recorded sales, cheapest first. By median sold price, Taman Ara Jaya sits 5 of 36 in that set.

Against Penang

Across Penang, the median recorded sale for terraced house is RM409,600 (RM373 psf), from 3,162 sales. Taman Ara Jaya’s own median is RM250,000 — lower than that state median. Full Penang table.

Cash and monthly on the RM250,000 median

Same worksheet as /cost/, using this scheme’s recorded median, 90% LTV, and the illustrative rate. Not a bank quote.

Cash at offer

  • Down payment (10%): RM25,000
  • Transfer duty (MOT): RM4,000
  • Loan duty (0.5%): RM1,125
  • Total cash: RM30,125
  • Qualifying first home: RM25,000 (duties exempt)

Monthly carry

  • Instalment (35y @ 4.00%): RM996
  • Total monthly: RM996

4.00% p.a. illustrative (rough SBR + bank margin); not a bank quote

Adjust these numbers

Questions this record answers

What have homes in Taman Ara Jaya sold for?
A median of RM250,000 (RM297 psf), from 322 land-office transactions between 6 January 2022 and 4 April 2025.
What is a typical band here?
Half of recorded sales fell between RM250,000 and RM250,000. One in ten went under RM250,000; one in ten over RM363,345.
Has the median moved?
From RM250,000 in 2022 to RM389,700 in 2024 (+56%), using only years with five or more sales.

Read next

From NAPIC’s open transaction data (Jabatan Penilaian dan Perkhidmatan Harta), extract published 19 May 2026. A scheme appears only with at least 20recorded sales. Scheme names are the land office’s own. How we work this out.