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Penang, Seberang Perai Selatan, 14

TAMAN MERAK JAYA

Area Intelligence
2025
Median Price
RM 333,500
PSF: RM 286
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Residential PSF Trends

Median Price

RM 333,500

PSF: RM 286

Commercial PSF Trends

Median Price

RM 625,000

RM 325 PSF

TAMAN MERAK JAYA in Seberang Perai Selatan, Penang recorded 6 subsale transactions in 2025, with a median price of RM 334K and a median price per square foot (PSF) of RM 286.

This area contains both residential and commercial properties. View 78 residential properties or 2 commercial properties separately for more focused analysis.

Price remained flat, and PSF growth was PSF remained flat. The median price is RM 334K, with most transactions falling within a stable range of RM 312K to RM 372K, and a typical market range of RM 312K to RM 420K.

Most transactions involved low-cost flat, with moderate diversity in property types available.

The median PSF stands at RM 286, with core pricing between RM 242 and RM 329. Market pricing typically extends from RM 240.50 to RM 330.50, reflecting moderate variation in unit pricing. The spread of RM 90.00 (IQR) and deviation of RM 43 (MAD) suggest moderate price variations reflecting different property features.

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.

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TAMAN MERAK JAYA, Seberang Perai Selatan, Penang

OSM

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Transactions

6 transactions grouped by size

View Type

Grouped View Individual View

Property Type

All Types
Categories
Residential Commercial
Specific Types
Single Storey Semi-D Single Storey Shop Single Storey Terraced Double Storey Semi-D Double Storey Shop Double Storey Terraced 3-Storey Shop 4-Storey Shop 5-Storey Shop 6-Storey Shop Cluster House Condo/Apartment Bungalow Detached Factory Flat Industrial Unit Low-Cost Flat Low-Cost House Office Lot SOHO/SOFO/SOVO Semi-D Factory Service Apartment Shop/Retail Lot Terraced Factory Town House

Year

All Years 2025 2024 2023 2022 2021
Popular Ranges
Under RM 300k RM 300k - 500k RM 500k - 750k RM 750k - 1M RM 1M - 2M RM 2M+
Custom Range
Clear

Size Range (sqft)

Popular Ranges
Under 1,000 sqft 1,000 - 2,000 sqft 2,000 - 3,000 sqft 3,000 - 5,000 sqft 5,000 - 10,000 sqft 10,000+ sqft
Custom Range
Clear
550 sqft
Low-Cost Flat
RM 90,000
Level 3
538 sqft · RM 167 PSF
RM 120,000
Level 3
538 sqft · RM 223 PSF
1,100 sqft
Single Storey Terraced
RM 420,000
LORONG MERAK 62
1,098 sqft · RM 383 PSF
RM 355,000
JALAN MERAK 5
1,098 sqft · RM 323 PSF
1,200 sqft
Single Storey Terraced
RM 312,000
LORONG MERAK 64
1,195 sqft · RM 261 PSF
RM 370,000
LORONG MERAK JAYA 2
1,195 sqft · RM 310 PSF

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There are currently no properties listed for sale in this area.

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