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
|
|---|---|---|---|---|---|
| Low-Cost Flat |
|
RM 48,000
|
RM 89.00
|
538 sqft
|
Dec 2022
|
| 1 - 1 1/2 Storey Terraced |
LORONG MERAK 60
|
RM 250,000
|
RM 228.00
|
1,098 sqft
|
Nov 2022
|
| Low-Cost Flat |
|
RM 80,000
|
RM 149.00
|
538 sqft
|
Sep 2022
|
| Low-Cost Flat |
|
RM 75,000
|
RM 139.00
|
538 sqft
|
Sep 2022
|
| Low-Cost Flat |
|
RM 60,000
|
RM 111.00
|
538 sqft
|
Sep 2022
|
| 1 - 1 1/2 Storey Terraced |
LORONG MERAK JAYA 54
|
RM 270,000
|
RM 207.00
|
1,302 sqft
|
Sep 2022
|
| 1 - 1 1/2 Storey Terraced |
LORONG MERAK JAYA 3
|
RM 350,000
|
RM 121.00
|
2,895 sqft
|
Aug 2022
|
| 1 - 1 1/2 Storey Terraced |
LORONG MERAK JAYA 59
|
RM 300,000
|
RM 167.00
|
1,798 sqft
|
Aug 2022
|
| Low-Cost Flat |
|
RM 40,000
|
RM 74.00
|
538 sqft
|
Jul 2022
|
| Detached |
JALAN PA' BOI
|
RM 799,000
|
RM 25.00
|
31,973 sqft
|
Jun 2022
|
| 1 - 1 1/2 Storey Terraced |
LORONG MERAK JAYA 3
|
RM 210,000
|
RM 176.00
|
1,195 sqft
|
Jun 2022
|
| 1 - 1 1/2 Storey Terraced |
LORONG MERAK JAYA 4
|
RM 350,000
|
RM 135.00
|
2,594 sqft
|
Jun 2022
|
| Low-Cost Flat |
|
RM 65,000
|
RM 121.00
|
538 sqft
|
May 2022
|
| 1 - 1 1/2 Storey Terraced |
JALAN MERAK 5
|
RM 285,000
|
RM 172.00
|
1,658 sqft
|
May 2022
|
| 1 - 1 1/2 Storey Terraced |
LORONG MERAK JAYA 59
|
RM 250,000
|
RM 209.00
|
1,195 sqft
|
May 2022
|
| Low-Cost Flat |
|
RM 75,000
|
RM 139.00
|
538 sqft
|
Apr 2022
|
| 1 - 1 1/2 Storey Terraced |
LORONG MERAK 49
|
RM 260,000
|
RM 237.00
|
1,098 sqft
|
Apr 2022
|
| 1 - 1 1/2 Storey Terraced |
JALAN MERAK 5
|
RM 330,000
|
RM 227.00
|
1,453 sqft
|
Mar 2022
|
| Low-Cost Flat |
|
RM 72,000
|
RM 134.00
|
538 sqft
|
Mar 2022
|
| Low-Cost Flat |
|
RM 47,000
|
RM 87.00
|
538 sqft
|
Mar 2022
|
| Low-Cost Flat |
|
RM 70,000
|
RM 130.00
|
538 sqft
|
Feb 2022
|
| Low-Cost Flat |
|
RM 89,000
|
RM 165.00
|
538 sqft
|
Feb 2022
|
| 1 - 1 1/2 Storey Terraced |
LORONG MERAK 64
|
RM 285,000
|
RM 239.00
|
1,195 sqft
|
Nov 2021
|
| 1 - 1 1/2 Storey Terraced |
LORONGK MERAK JAYA 4
|
RM 255,000
|
RM 213.00
|
1,195 sqft
|
Oct 2021
|
| 1 - 1 1/2 Storey Terraced |
LORONG MERAK JAYA 53
|
RM 285,000
|
RM 250.00
|
1,141 sqft
|
Oct 2021
|
| Low-Cost Flat |
|
RM 50,000
|
RM 93.00
|
538 sqft
|
May 2021
|
| Low-Cost Flat |
|
RM 66,000
|
RM 123.00
|
538 sqft
|
Mar 2021
|