Taman Melati Jaya
11900 Bayan Lepas, Pulau Pinang, Malaysia
11900 Bayan Lepas, Pulau Pinang, Malaysia
| Road | Price | PSF | Size | Date | Type |
|---|
|
Pesara Mahsuri 5
|
RM1,050,000
|
RM554
|
1,894 sqft
|
|
|
Pesara Mahsuri 5
|
RM1,600,000
|
RM791
|
2,024 sqft
|
|
Selling in Taman Melati Jaya? Homes here sold for a median of RM1,325,000.
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Taman Melati Jaya
PSF median price per sq ft · 12m its change over the past 12 months
Most-traded areas in this mukim, by number of recorded subsale transactions. See every area in 12
Taman Melati Jaya, 11900 Bayan Lepas, Pulau Pinang, Malaysia
MapsTaman 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.
Nothing is listed in Taman Melati Jaya right now. Browse properties for sale in 12 and properties for rent in 12 nearby, then use the 2 sales recorded here to judge whether an asking price is fair.
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.