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
| Price | PSF | Size | Date | Type |
|---|
|
RM 355,000
|
RM 323
|
1,098 sqft
|
|
Terrace |
|
RM 360,000
|
RM 232
|
1,550 sqft
|
|
Terrace |
|
RM 820,000
|
RM 247
|
3,326 sqft
|
|
2-Sty Shop |
|
RM 430,000
|
RM 162
|
2,659 sqft
|
|
2-Sty Shop |
|
RM 310,000
|
RM 191
|
1,625 sqft
|
|
Terrace |
|
RM 300,000
|
RM 183
|
1,636 sqft
|
|
Terrace |
|
RM 312,000
|
RM 261
|
1,195 sqft
|
|
|
|
RM 325,000
|
RM 272
|
1,195 sqft
|
|
|
|
RM 300,000
|
RM 251
|
1,195 sqft
|
|
|
|
RM 285,000
|
RM 239
|
1,195 sqft
|
|
|
RM 300,000
|
RM 251
|
1,195 sqft
|
|
|
|
RM 250,000
|
RM 209
|
1,195 sqft
|
|
|
|
RM 300,000
|
RM 167
|
1,798 sqft
|
|
|
|
RM 250,000
|
RM 209
|
1,195 sqft
|
|
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Market Snapshot
ResidentialRM 165,000
RM 190 psfMedian transaction price
14, Taman Merak Jaya, Taman Merak, 14100 Simpang Ampat, Pulau Pinang, Malaysia
MapsTaman 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.