TAMAN MERAK JAYA

Area Intelligence
Median Price
RM 230,000
PSF: RM 190

Residential PSF Trends

Median Price

RM 165,000

PSF: RM 188

Commercial PSF Trends

Median Price

RM 625,000

RM 325 PSF

TAMAN MERAK JAYA in Seberang Perai Selatan, Penang recorded 80 subsale transactions between 2021 and 2025, with a median price of RM 230K and a median price per square foot (PSF) of RM 190.

This area contains both residential and commercial properties. View 78 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 108K to RM 353K, and a typical market range of RM 114K to RM 346K.

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

Price per square foot shows a median of RM 190, though individual units vary from RM 143 to RM 237 in the core range. The broader market spans RM 145.00 to RM 235.00, indicating diverse property characteristics. The spread of RM 90.00 (IQR) and deviation of RM 47 (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.

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TAMAN MERAK JAYA, Seberang Perai Selatan, Penang

OSM

Track location

Transactions

80 transactions found

RM 312,000
LORONG MERAK 64
1,195 sqft RM 261.00 PSF
RM 420,000
LORONG MERAK 62
1,098 sqft RM 383.00 PSF
RM 370,000
LORONG MERAK JAYA 2
1,195 sqft RM 310.00 PSF
RM 90,000
Level 3
538 sqft RM 167.00 PSF
RM 355,000
JALAN MERAK 5
1,098 sqft RM 323.00 PSF
RM 120,000
Level 3
538 sqft RM 223.00 PSF
RM 260,000
LORONG MERAK 61
1,098 sqft RM 237.00 PSF
RM 120,000
Level 4
538 sqft RM 223.00 PSF
RM 87,000
Level 1
538 sqft RM 162.00 PSF
RM 120,000
Level 3
538 sqft RM 223.00 PSF
RM 120,000
Level 4
538 sqft RM 223.00 PSF
RM 325,000
LORONG MERAK 64
1,195 sqft RM 272.00 PSF
RM 73,000
Level 4
538 sqft RM 136.00 PSF
RM 420,000
JALAN MERAK 61
2,217 sqft RM 189.00 PSF
RM 360,000
JALAN MERAK 5
1,550 sqft RM 232.00 PSF
RM 820,000
JALAN MERAK 5
2,400 sqft RM 342.00 PSF
RM 100,000
Level 4
538 sqft RM 186.00 PSF
RM 110,000
Level 3
510 sqft RM 216.00 PSF
RM 320,000
LORONG MERAK JAYA 3
1,195 sqft RM 268.00 PSF
RM 300,000
LORONG MERAK JAYA 59
1,195 sqft RM 251.00 PSF
RM 115,000
Level 2
538 sqft RM 214.00 PSF
RM 300,000
LORONG MERAK 64
1,195 sqft RM 251.00 PSF
RM 430,000
JALAN MERAK 5
1,399 sqft RM 307.00 PSF
RM 100,000
Level G
538 sqft RM 186.00 PSF
RM 72,000
Level 2
538 sqft RM 134.00 PSF
RM 340,000
LORONG MERAK 61
1,098 sqft RM 310.00 PSF
RM 85,000
Level 4
538 sqft RM 158.00 PSF
RM 100,000
Level 1
538 sqft RM 186.00 PSF
RM 350,000
LORONG MERAK JAYA 58
1,195 sqft RM 293.00 PSF
RM 310,000
JALAN MERAK 5
1,625 sqft RM 191.00 PSF
RM 77,000
Level 2
538 sqft RM 143.00 PSF
RM 80,000
Level 4
538 sqft RM 149.00 PSF
RM 260,000
LORONG MERAK 52
1,141 sqft RM 228.00 PSF
RM 250,000
LORONG MERAK JAYA 51
1,098 sqft RM 228.00 PSF
RM 110,000
Level 4
538 sqft RM 204.00 PSF
RM 330,000
LORONG MERAK 60
1,647 sqft RM 200.00 PSF
RM 300,000
JALAN MERAK 5
1,636 sqft RM 183.00 PSF
RM 87,000
Level 3
538 sqft RM 162.00 PSF
RM 330,000
LORONG MERAK 49
1,098 sqft RM 301.00 PSF
RM 330,000
LORONG MERAK 62
1,647 sqft RM 200.00 PSF
RM 86,000
Level 2
538 sqft RM 160.00 PSF
RM 50,000
Level 4
510 sqft RM 98.00 PSF
RM 65,000
Level 1
538 sqft RM 121.00 PSF
RM 300,000
JALAN MERAK 5
1,550 sqft RM 194.00 PSF
RM 75,000
Level 3
538 sqft RM 139.00 PSF
RM 280,000
LORONG MERAK 60
1,098 sqft RM 255.00 PSF
RM 250,000
LORONG MERAK JAYA 59
1,195 sqft RM 209.00 PSF
RM 65,000
Level 2
538 sqft RM 121.00 PSF
RM 80,000
Level 4
538 sqft RM 149.00 PSF
RM 325,000
LORONG MERAK 58
1,195 sqft RM 272.00 PSF

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