TMN MERAK JAYA Property Investment Analysis

14, Seberang Perai Selatan, Penang

Median Price
RM 120,000
CAGR
-9.3%
Median PSF
RM 186.00
CAGR
+1.5%
Transactions
77
Period
2021-2025

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

77 found
1 - 1 1/2 Storey Terraced
JALAN MERAK 5
RM 355,000
PSF: RM 323.00
Area: 1,098 sqft
Date: Feb 2025
Low-Cost Flat
RM 90,000
PSF: RM 167.00
Area: 538 sqft
Date: Feb 2025
Low-Cost Flat
RM 120,000
PSF: RM 223.00
Area: 538 sqft
Date: Jan 2025
1 - 1 1/2 Storey Terraced
LORONG MERAK 61
RM 260,000
PSF: RM 237.00
Area: 1,098 sqft
Date: Nov 2024
Low-Cost Flat
RM 87,000
PSF: RM 162.00
Area: 538 sqft
Date: Nov 2024
Low-Cost Flat
RM 120,000
PSF: RM 223.00
Area: 538 sqft
Date: Nov 2024
Low-Cost Flat
RM 120,000
PSF: RM 223.00
Area: 538 sqft
Date: Oct 2024
Low-Cost Flat
RM 120,000
PSF: RM 223.00
Area: 538 sqft
Date: Sep 2024
1 - 1 1/2 Storey Terraced
JALAN MERAK 5
RM 360,000
PSF: RM 232.00
Area: 1,550 sqft
Date: Jul 2024
1 - 1 1/2 Storey Terraced
JLN MERAK 61
RM 420,000
PSF: RM 189.00
Area: 2,217 sqft
Date: Jul 2024
Low-Cost Flat
RM 73,000
PSF: RM 136.00
Area: 538 sqft
Date: Jul 2024
1 - 1 1/2 Storey Terraced
LORONG MERAK 64
RM 325,000
PSF: RM 272.00
Area: 1,195 sqft
Date: Jul 2024
2 - 2 1/2 Storey Shop
JALAN MERAK 5
RM 820,000
PSF: RM 342.00
Area: 2,400 sqft
Date: May 2024
Low-Cost Flat
RM 100,000
PSF: RM 186.00
Area: 538 sqft
Date: Apr 2024
Low-Cost Flat
RM 110,000
PSF: RM 216.00
Area: 510 sqft
Date: Apr 2024
1 - 1 1/2 Storey Terraced
LORONG MERAK JAYA 3
RM 320,000
PSF: RM 268.00
Area: 1,195 sqft
Date: Mar 2024
1 - 1 1/2 Storey Terraced
LORONG MERAK JAYA 59
RM 300,000
PSF: RM 251.00
Area: 1,195 sqft
Date: Mar 2024
Low-Cost Flat
RM 115,000
PSF: RM 214.00
Area: 538 sqft
Date: Mar 2024
1 - 1 1/2 Storey Terraced
LORONG MERAK 64
RM 300,000
PSF: RM 251.00
Area: 1,195 sqft
Date: Mar 2024
2 - 2 1/2 Storey Shop
JLN MERAK 5
RM 430,000
PSF: RM 307.00
Area: 1,399 sqft
Date: Feb 2024
1 - 1 1/2 Storey Terraced
LORONG MERAK 61
RM 340,000
PSF: RM 310.00
Area: 1,098 sqft
Date: Jan 2024
Low-Cost Flat
RM 72,000
PSF: RM 134.00
Area: 538 sqft
Date: Jan 2024
Low-Cost Flat
RM 100,000
PSF: RM 186.00
Area: 538 sqft
Date: Jan 2024
Low-Cost Flat
RM 85,000
PSF: RM 158.00
Area: 538 sqft
Date: Dec 2023
Low-Cost Flat
RM 100,000
PSF: RM 186.00
Area: 538 sqft
Date: Dec 2023
1 - 1 1/2 Storey Terraced
LORONG MERAK JAYA 58
RM 350,000
PSF: RM 293.00
Area: 1,195 sqft
Date: Dec 2023
1 - 1 1/2 Storey Terraced
JALAN MERAK 5
RM 310,000
PSF: RM 191.00
Area: 1,625 sqft
Date: Dec 2023
1 - 1 1/2 Storey Terraced
LORONG MERAK JAYA 51
RM 250,000
PSF: RM 228.00
Area: 1,098 sqft
Date: Nov 2023
1 - 1 1/2 Storey Terraced
LORONG MERAK 52
RM 260,000
PSF: RM 228.00
Area: 1,141 sqft
Date: Nov 2023
Low-Cost Flat
RM 77,000
PSF: RM 143.00
Area: 538 sqft
Date: Nov 2023
Low-Cost Flat
RM 80,000
PSF: RM 149.00
Area: 538 sqft
Date: Nov 2023
1 - 1 1/2 Storey Terraced
JALAN MERAK 5
RM 300,000
PSF: RM 183.00
Area: 1,636 sqft
Date: Oct 2023
Low-Cost Flat
RM 110,000
PSF: RM 204.00
Area: 538 sqft
Date: Oct 2023
1 - 1 1/2 Storey Terraced
LORONG MERAK 60
RM 330,000
PSF: RM 200.00
Area: 1,647 sqft
Date: Oct 2023
Low-Cost Flat
RM 87,000
PSF: RM 162.00
Area: 538 sqft
Date: Sep 2023
1 - 1 1/2 Storey Terraced
LRG MERAK 49
RM 330,000
PSF: RM 301.00
Area: 1,098 sqft
Date: Aug 2023
1 - 1 1/2 Storey Terraced
LORONG MERAK 62
RM 330,000
PSF: RM 200.00
Area: 1,647 sqft
Date: Aug 2023
Low-Cost Flat
RM 86,000
PSF: RM 160.00
Area: 538 sqft
Date: Aug 2023
Low-Cost Flat
RM 50,000
PSF: RM 98.00
Area: 510 sqft
Date: May 2023
1 - 1 1/2 Storey Terraced
JALAN MERAK 5
RM 300,000
PSF: RM 194.00
Area: 1,550 sqft
Date: Apr 2023
Low-Cost Flat
RM 65,000
PSF: RM 121.00
Area: 538 sqft
Date: Apr 2023
1 - 1 1/2 Storey Terraced
LORONG MERAK 60
RM 280,000
PSF: RM 255.00
Area: 1,098 sqft
Date: Mar 2023
Low-Cost Flat
RM 75,000
PSF: RM 139.00
Area: 538 sqft
Date: Mar 2023
1 - 1 1/2 Storey Terraced
LORONG MERAK JAYA 59
RM 250,000
PSF: RM 209.00
Area: 1,195 sqft
Date: Feb 2023
Low-Cost Flat
RM 65,000
PSF: RM 121.00
Area: 538 sqft
Date: Feb 2023
Low-Cost Flat
RM 80,000
PSF: RM 149.00
Area: 538 sqft
Date: Feb 2023
1 - 1 1/2 Storey Terraced
LORONG MERAK 50
RM 270,000
PSF: RM 226.00
Area: 1,195 sqft
Date: Jan 2023
Low-Cost Flat
RM 68,000
PSF: RM 126.00
Area: 538 sqft
Date: Jan 2023
1 - 1 1/2 Storey Terraced
LORONG MERAK 58
RM 325,000
PSF: RM 272.00
Area: 1,195 sqft
Date: Jan 2023
Low-Cost Flat
RM 55,000
PSF: RM 102.00
Area: 538 sqft
Date: Dec 2022