Taman Merak Jaya
14, Taman Merak Jaya, Taman Merak, 14100 Simpang Ampat, Pulau Pinang, Malaysia
14, Taman Merak Jaya, Taman Merak, 14100 Simpang Ampat, Pulau Pinang, Malaysia
Property Type
| Road | Price | PSF | Size | Date | Type |
|---|
|
Level 3
|
RM 110,000
|
RM 216
|
510 sqft
|
|
|
|
Level 4
|
RM 50,000
|
RM 98
|
510 sqft
|
|
|
Level G
|
RM 120,000
|
RM 223
|
538 sqft
|
|
|
|
Level 3
|
RM 75,000
|
RM 139
|
538 sqft
|
|
|
|
Level 3
|
RM 90,000
|
RM 167
|
538 sqft
|
|
|
|
Level 3
|
RM 120,000
|
RM 223
|
538 sqft
|
|
|
|
Level 1
|
RM 87,000
|
RM 162
|
538 sqft
|
|
|
|
Level 4
|
RM 120,000
|
RM 223
|
538 sqft
|
|
|
Lorong Merak 62
|
RM 420,000
|
RM 383
|
1,098 sqft
|
|
|
|
Jalan Merak 5
|
RM 355,000
|
RM 323
|
1,098 sqft
|
|
|
|
Lorong Merak 61
|
RM 260,000
|
RM 237
|
1,098 sqft
|
|
|
|
Lorong Merak 61
|
RM 340,000
|
RM 310
|
1,098 sqft
|
|
|
|
Lorong Merak Jaya 51
|
RM 250,000
|
RM 228
|
1,098 sqft
|
|
|
|
Lorong Merak 49
|
RM 330,000
|
RM 301
|
1,098 sqft
|
|
|
Lorong Merak 52
|
RM 260,000
|
RM 228
|
1,141 sqft
|
|
|
Lorong Merak 64
|
RM 312,000
|
RM 261
|
1,195 sqft
|
|
|
|
Lorong Merak Jaya 2
|
RM 370,000
|
RM 310
|
1,195 sqft
|
|
|
|
Lorong Merak 64
|
RM 325,000
|
RM 272
|
1,195 sqft
|
|
|
|
Lorong Merak Jaya 3
|
RM 320,000
|
RM 268
|
1,195 sqft
|
|
|
|
Lorong Merak Jaya 59
|
RM 300,000
|
RM 251
|
1,195 sqft
|
|
|
|
Lorong Merak 64
|
RM 300,000
|
RM 251
|
1,195 sqft
|
|
|
|
Lorong Merak Jaya 58
|
RM 350,000
|
RM 293
|
1,195 sqft
|
|
|
Jalan Merak 5
|
RM 360,000
|
RM 232
|
1,550 sqft
|
|
|
|
Jalan Merak 5
|
RM 300,000
|
RM 194
|
1,550 sqft
|
|
|
Lorong Merak Jaya 62
|
RM 356,000
|
RM 216
|
1,647 sqft
|
|
|
|
Jalan Merak 5
|
RM 310,000
|
RM 191
|
1,625 sqft
|
|
|
|
Jalan Merak 5
|
RM 300,000
|
RM 183
|
1,636 sqft
|
|
|
|
Lorong Merak 60
|
RM 330,000
|
RM 200
|
1,647 sqft
|
|
|
|
Lorong Merak 62
|
RM 330,000
|
RM 200
|
1,647 sqft
|
|
|
Lorong Merak 59
|
RM 420,000
|
RM 234
|
1,798 sqft
|
|
|
Jalan Merak 61
|
RM 420,000
|
RM 189
|
2,217 sqft
|
|
|
Jalan Merak 5
|
RM 430,000
|
RM 162
|
2,659 sqft
|
|
|
Jalan Merak 5
|
RM 820,000
|
RM 247
|
3,326 sqft
|
|
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Market Snapshot
ResidentialRM 185,000
RM 215 psfMedian transaction price
14, Taman Merak Jaya, Taman Merak, 14100 Simpang Ampat, Pulau Pinang, Malaysia
MapsTaman Merak Jaya in Seberang Perai Selatan, Penang recorded 48 subsale transactions between 2021 and 2026, with a median price of RM 255K and a median price per square foot (PSF) of RM 215.
This area contains both residential and commercial properties. View 82 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 255K, with most transactions falling within a stable range of RM 103K to RM 407K, and a typical market range of RM 138K to RM 372K.
Most transactions involved low-cost flat, with moderate diversity in property types available.
Price per square foot shows a median of RM 215, though individual units vary from RM 157 to RM 272 in the core range. The broader market spans RM 169.68 to RM 259.68, indicating diverse property characteristics. A wider spread (IQR: RM 90.00) and deviation (MAD: RM 57) 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.