Taman Melati Jaya

11900 Bayan Lepas, Pulau Pinang, Malaysia

Property Transactions

2 subsales grouped by size

Median
RM1,325,000
PSF
RM791
Period
transactions middle 50% (P25–P75)
1,900 sqft
2-Sty Shop
RM1,050,000
Pesara Mahsuri 5
1,894 sqft · RM554 PSF
2,000 sqft
2-Sty Shop
RM1,600,000
Pesara Mahsuri 5
2,024 sqft · RM791 PSF
Legend Recent Highest Price Highest PSF

Posts about Taman Melati Jaya

What’s happening in Taman Melati Jaya?

No posts about Taman Melati Jaya yet. Be the first to share what’s happening here.

Loading map...

Taman Melati Jaya, 11900 Bayan Lepas, Pulau Pinang, Malaysia

Maps

Taman Melati Jaya in Barat Daya, Penang recorded 2 subsale transactions between 2021 and 2026, with a median price of RM1.33 million and a median price per square foot (PSF) of RM791.

This area consists exclusively of commercial properties, with no residential listings recorded.

Price remained flat, and PSF growth was PSF remained flat. The median price is RM1.33 million, with most transactions falling within a stable range of RM1.05 million to RM1.60 million, and a typical market range of RM1.19 million to RM1.46 million.

Most transactions involved 2 - 2 1/2 storey shop, with minimal variety in property types.

For price per square foot, the median is RM791, with most transactions between RM779 and RM803. The usual range is RM784.66 to RM796.66, showing that most units are priced quite close to each other. A typical spread (IQR) of RM12.00 and an average deviation (MAD) of RM12 indicate a highly stable PSF trend across properties.

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. Limited transaction history suggests carefully evaluating comparable sales data.