Taman Merak Jaya

14, Taman Merak Jaya, Taman Merak, 14100 Simpang Ampat, Pulau Pinang, Malaysia

Property Transactions

43 subsales grouped by road

Period
transactions middle 50% (P25–P75)
RM 355,000
1,098 sqft
RM 323 PSF · Terrace
RM 360,000
1,550 sqft
RM 232 PSF · Terrace
RM 820,000
3,326 sqft
RM 247 PSF · 2-Sty Shop
RM 430,000
2,659 sqft
RM 162 PSF · 2-Sty Shop
RM 310,000
1,625 sqft
RM 191 PSF · Terrace
RM 300,000
1,636 sqft
RM 183 PSF · Terrace
RM 312,000
1,195 sqft
RM 261 PSF
RM 325,000
1,195 sqft
RM 272 PSF
RM 300,000
1,195 sqft
RM 251 PSF
RM 285,000
1,195 sqft
RM 239 PSF
RM 300,000
1,195 sqft
RM 251 PSF
RM 250,000
1,195 sqft
RM 209 PSF
RM 300,000
1,798 sqft
RM 167 PSF
RM 250,000
1,195 sqft
RM 209 PSF
43
transactions

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Market Snapshot

Residential

RM 165,000

RM 190 psf

Median transaction price

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14, Taman Merak Jaya, Taman Merak, 14100 Simpang Ampat, Pulau Pinang, Malaysia

Maps

Taman Merak Jaya in Seberang Perai Selatan, Penang recorded 84 subsale transactions between 2021 and 2026, with a median price of RM 230K and a median price per square foot (PSF) of RM 191.

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 230K, with most transactions falling within a stable range of RM 105K to RM 356K, and a typical market range of RM 113K to RM 347K.

Most transactions involved low-cost flat, with moderate diversity in property types available.

Price per square foot shows a median of RM 191, though individual units vary from RM 146 to RM 235 in the core range. The broader market spans RM 145.73 to RM 235.73, indicating diverse property characteristics. The spread of RM 90.00 (IQR) and deviation of RM 45 (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.