TMN MERAK JAYA Property Investment Analysis
TMN MERAK JAYA in Seberang Perai Selatan, Penang recorded 77 subsale transactions between 2021 and 2025, with a median price of RM 120K and a median price per square foot (PSF) of RM 186.
This area contains both residential and commercial properties. View 75 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 120K, with most transactions falling within a stable range of RM 40K to RM 200K, and a typical market range of RM 40K to RM 232K.
Most transactions involved low-cost flat, with moderate diversity in property types available.
Price per square foot shows a median of RM 186, though individual units vary from RM 140 to RM 232 in the core range. The broader market spans RM 141.50 to RM 230.50, indicating diverse property characteristics. The spread of RM 89.00 (IQR) and deviation of RM 46 (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. Significant price variations suggest comparing multiple properties and timing the market carefully. Moderate transaction volume may require patience when buying or selling.
ADVANCED FILTERS
TRANSACTIONS
Type
|
Road
|
Price
|
PSF
|
Area
|
Date
|
---|---|---|---|---|---|
1 - 1 1/2 Storey Terraced |
JALAN MERAK 5
|
RM 355,000
|
RM 323.00
|
1,098 sqft
|
Feb 2025
|
Low-Cost Flat |
|
RM 90,000
|
RM 167.00
|
538 sqft
|
Feb 2025
|
Low-Cost Flat |
|
RM 120,000
|
RM 223.00
|
538 sqft
|
Jan 2025
|
1 - 1 1/2 Storey Terraced |
LORONG MERAK 61
|
RM 260,000
|
RM 237.00
|
1,098 sqft
|
Nov 2024
|
Low-Cost Flat |
|
RM 87,000
|
RM 162.00
|
538 sqft
|
Nov 2024
|
Low-Cost Flat |
|
RM 120,000
|
RM 223.00
|
538 sqft
|
Nov 2024
|
Low-Cost Flat |
|
RM 120,000
|
RM 223.00
|
538 sqft
|
Oct 2024
|
Low-Cost Flat |
|
RM 120,000
|
RM 223.00
|
538 sqft
|
Sep 2024
|
1 - 1 1/2 Storey Terraced |
JALAN MERAK 5
|
RM 360,000
|
RM 232.00
|
1,550 sqft
|
Jul 2024
|
1 - 1 1/2 Storey Terraced |
JLN MERAK 61
|
RM 420,000
|
RM 189.00
|
2,217 sqft
|
Jul 2024
|
Low-Cost Flat |
|
RM 73,000
|
RM 136.00
|
538 sqft
|
Jul 2024
|
1 - 1 1/2 Storey Terraced |
LORONG MERAK 64
|
RM 325,000
|
RM 272.00
|
1,195 sqft
|
Jul 2024
|
2 - 2 1/2 Storey Shop |
JALAN MERAK 5
|
RM 820,000
|
RM 342.00
|
2,400 sqft
|
May 2024
|
Low-Cost Flat |
|
RM 100,000
|
RM 186.00
|
538 sqft
|
Apr 2024
|
Low-Cost Flat |
|
RM 110,000
|
RM 216.00
|
510 sqft
|
Apr 2024
|
1 - 1 1/2 Storey Terraced |
LORONG MERAK JAYA 3
|
RM 320,000
|
RM 268.00
|
1,195 sqft
|
Mar 2024
|
1 - 1 1/2 Storey Terraced |
LORONG MERAK JAYA 59
|
RM 300,000
|
RM 251.00
|
1,195 sqft
|
Mar 2024
|
Low-Cost Flat |
|
RM 115,000
|
RM 214.00
|
538 sqft
|
Mar 2024
|
1 - 1 1/2 Storey Terraced |
LORONG MERAK 64
|
RM 300,000
|
RM 251.00
|
1,195 sqft
|
Mar 2024
|
2 - 2 1/2 Storey Shop |
JLN MERAK 5
|
RM 430,000
|
RM 307.00
|
1,399 sqft
|
Feb 2024
|
1 - 1 1/2 Storey Terraced |
LORONG MERAK 61
|
RM 340,000
|
RM 310.00
|
1,098 sqft
|
Jan 2024
|
Low-Cost Flat |
|
RM 72,000
|
RM 134.00
|
538 sqft
|
Jan 2024
|
Low-Cost Flat |
|
RM 100,000
|
RM 186.00
|
538 sqft
|
Jan 2024
|
Low-Cost Flat |
|
RM 85,000
|
RM 158.00
|
538 sqft
|
Dec 2023
|
Low-Cost Flat |
|
RM 100,000
|
RM 186.00
|
538 sqft
|
Dec 2023
|
1 - 1 1/2 Storey Terraced |
LORONG MERAK JAYA 58
|
RM 350,000
|
RM 293.00
|
1,195 sqft
|
Dec 2023
|
1 - 1 1/2 Storey Terraced |
JALAN MERAK 5
|
RM 310,000
|
RM 191.00
|
1,625 sqft
|
Dec 2023
|
1 - 1 1/2 Storey Terraced |
LORONG MERAK JAYA 51
|
RM 250,000
|
RM 228.00
|
1,098 sqft
|
Nov 2023
|
1 - 1 1/2 Storey Terraced |
LORONG MERAK 52
|
RM 260,000
|
RM 228.00
|
1,141 sqft
|
Nov 2023
|
Low-Cost Flat |
|
RM 77,000
|
RM 143.00
|
538 sqft
|
Nov 2023
|
Low-Cost Flat |
|
RM 80,000
|
RM 149.00
|
538 sqft
|
Nov 2023
|
1 - 1 1/2 Storey Terraced |
JALAN MERAK 5
|
RM 300,000
|
RM 183.00
|
1,636 sqft
|
Oct 2023
|
Low-Cost Flat |
|
RM 110,000
|
RM 204.00
|
538 sqft
|
Oct 2023
|
1 - 1 1/2 Storey Terraced |
LORONG MERAK 60
|
RM 330,000
|
RM 200.00
|
1,647 sqft
|
Oct 2023
|
Low-Cost Flat |
|
RM 87,000
|
RM 162.00
|
538 sqft
|
Sep 2023
|
1 - 1 1/2 Storey Terraced |
LRG MERAK 49
|
RM 330,000
|
RM 301.00
|
1,098 sqft
|
Aug 2023
|
1 - 1 1/2 Storey Terraced |
LORONG MERAK 62
|
RM 330,000
|
RM 200.00
|
1,647 sqft
|
Aug 2023
|
Low-Cost Flat |
|
RM 86,000
|
RM 160.00
|
538 sqft
|
Aug 2023
|
Low-Cost Flat |
|
RM 50,000
|
RM 98.00
|
510 sqft
|
May 2023
|
1 - 1 1/2 Storey Terraced |
JALAN MERAK 5
|
RM 300,000
|
RM 194.00
|
1,550 sqft
|
Apr 2023
|
Low-Cost Flat |
|
RM 65,000
|
RM 121.00
|
538 sqft
|
Apr 2023
|
1 - 1 1/2 Storey Terraced |
LORONG MERAK 60
|
RM 280,000
|
RM 255.00
|
1,098 sqft
|
Mar 2023
|
Low-Cost Flat |
|
RM 75,000
|
RM 139.00
|
538 sqft
|
Mar 2023
|
1 - 1 1/2 Storey Terraced |
LORONG MERAK JAYA 59
|
RM 250,000
|
RM 209.00
|
1,195 sqft
|
Feb 2023
|
Low-Cost Flat |
|
RM 65,000
|
RM 121.00
|
538 sqft
|
Feb 2023
|
Low-Cost Flat |
|
RM 80,000
|
RM 149.00
|
538 sqft
|
Feb 2023
|
1 - 1 1/2 Storey Terraced |
LORONG MERAK 50
|
RM 270,000
|
RM 226.00
|
1,195 sqft
|
Jan 2023
|
Low-Cost Flat |
|
RM 68,000
|
RM 126.00
|
538 sqft
|
Jan 2023
|
1 - 1 1/2 Storey Terraced |
LORONG MERAK 58
|
RM 325,000
|
RM 272.00
|
1,195 sqft
|
Jan 2023
|
Low-Cost Flat |
|
RM 55,000
|
RM 102.00
|
538 sqft
|
Dec 2022
|