TMN MERAK JAYA
Residential Market
Median Price
RM 180,000
PSF Trends (2021-2025)
Commercial Market
Median Price
RM 625,000
PSF Trends (2021-2025)
TMN MERAK JAYA in Seberang Perai Selatan, Penang recorded 26 subsale transactions in 2023, with a median price of RM 180K and a median price per square foot (PSF) of RM 189.
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 180K, with most transactions falling within a stable range of RM 67K to RM 293K, and a typical market range of RM 69K to RM 292K.
Most transactions involved low-cost flat, with moderate diversity in property types available.
Price per square foot shows a median of RM 189, though individual units vary from RM 136 to RM 241 in the core range. The broader market spans RM 144.00 to RM 233.00, indicating diverse property characteristics. A wider spread (IQR: RM 89.00) and deviation (MAD: RM 53) indicate significant PSF variations, likely due to diverse property types or conditions.
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.
Filter by type, year, price, and size
Transactions
26 properties found
Type
|
Road
|
Price
|
PSF
|
Area
|
Date
|
---|---|---|---|---|---|
Single Storey Terraced |
LORONG MERAK JAYA 58
|
RM 350,000
|
RM 293.00
|
1,195 sqft
|
Dec 2023
|
Single Storey Terraced |
JALAN MERAK 5
|
RM 310,000
|
RM 191.00
|
1,625 sqft
|
Dec 2023
|
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
|
Single Storey Terraced |
LORONG MERAK 52
|
RM 260,000
|
RM 228.00
|
1,141 sqft
|
Nov 2023
|
Low-Cost Flat |
|
RM 80,000
|
RM 149.00
|
538 sqft
|
Nov 2023
|
Low-Cost Flat |
|
RM 77,000
|
RM 143.00
|
538 sqft
|
Nov 2023
|
Single Storey Terraced |
LORONG MERAK JAYA 51
|
RM 250,000
|
RM 228.00
|
1,098 sqft
|
Nov 2023
|
Single Storey Terraced |
LORONG MERAK 60
|
RM 330,000
|
RM 200.00
|
1,647 sqft
|
Oct 2023
|
Low-Cost Flat |
|
RM 110,000
|
RM 204.00
|
538 sqft
|
Oct 2023
|
Single Storey Terraced |
JALAN MERAK 5
|
RM 300,000
|
RM 183.00
|
1,636 sqft
|
Oct 2023
|
Low-Cost Flat |
|
RM 87,000
|
RM 162.00
|
538 sqft
|
Sep 2023
|
Single Storey Terraced |
LORONG MERAK 62
|
RM 330,000
|
RM 200.00
|
1,647 sqft
|
Aug 2023
|
Single Storey Terraced |
LRG MERAK 49
|
RM 330,000
|
RM 301.00
|
1,098 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
|
Single 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
|
Low-Cost Flat |
|
RM 75,000
|
RM 139.00
|
538 sqft
|
Mar 2023
|
Single Storey Terraced |
LORONG MERAK 60
|
RM 280,000
|
RM 255.00
|
1,098 sqft
|
Mar 2023
|
Low-Cost Flat |
|
RM 80,000
|
RM 149.00
|
538 sqft
|
Feb 2023
|
Low-Cost Flat |
|
RM 65,000
|
RM 121.00
|
538 sqft
|
Feb 2023
|
Single Storey Terraced |
LORONG MERAK JAYA 59
|
RM 250,000
|
RM 209.00
|
1,195 sqft
|
Feb 2023
|
Low-Cost Flat |
|
RM 68,000
|
RM 126.00
|
538 sqft
|
Jan 2023
|
Single Storey Terraced |
LORONG MERAK 58
|
RM 325,000
|
RM 272.00
|
1,195 sqft
|
Jan 2023
|
Single Storey Terraced |
LORONG MERAK 50
|
RM 270,000
|
RM 226.00
|
1,195 sqft
|
Jan 2023
|