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Penang, Seberang Perai Selatan, 14

TAMAN MERAK JAYA

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

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Transactions

80 transactions found

View Type

Grouped View Individual View
RM 270,000
LORONG MERAK 50
1,195 sqft • RM 226.00 PSF
RM 68,000
Level 2
538 sqft • RM 126.00 PSF
RM 55,000
Level 1
538 sqft • RM 102.00 PSF
RM 48,000
Level 4
538 sqft • RM 89.00 PSF
RM 250,000
LORONG MERAK 60
1,098 sqft • RM 228.00 PSF
RM 75,000
Level 3
538 sqft • RM 139.00 PSF
RM 80,000
Level 3
538 sqft • RM 149.00 PSF
RM 60,000
Level 3
538 sqft • RM 111.00 PSF
RM 270,000
LORONG MERAK JAYA 54
1,302 sqft • RM 207.00 PSF
RM 350,000
LORONG MERAK JAYA 3
2,895 sqft • RM 121.00 PSF
RM 300,000
LORONG MERAK JAYA 59
1,798 sqft • RM 167.00 PSF
RM 40,000
Level 4
538 sqft • RM 74.00 PSF
RM 350,000
LORONG MERAK JAYA 4
2,594 sqft • RM 135.00 PSF
RM 210,000
LORONG MERAK JAYA 3
1,195 sqft • RM 176.00 PSF
RM 799,000
JALAN PA' BOI
31,973 sqft • RM 25.00 PSF
RM 65,000
Level 1
538 sqft • RM 121.00 PSF
RM 285,000
JALAN MERAK 5
1,658 sqft • RM 172.00 PSF
RM 250,000
LORONG MERAK JAYA 59
1,195 sqft • RM 209.00 PSF
RM 75,000
Level 3
538 sqft • RM 139.00 PSF
RM 260,000
LORONG MERAK 49
1,098 sqft • RM 237.00 PSF
RM 330,000
JALAN MERAK 5
1,453 sqft • RM 227.00 PSF
RM 47,000
Level 4
538 sqft • RM 87.00 PSF
RM 72,000
Level G
538 sqft • RM 134.00 PSF
RM 89,000
Level 2
538 sqft • RM 165.00 PSF
RM 70,000
Level G
538 sqft • RM 130.00 PSF
RM 285,000
LORONG MERAK 64
1,195 sqft • RM 239.00 PSF
RM 285,000
LORONG MERAK JAYA 53
1,141 sqft • RM 250.00 PSF
RM 255,000
LORONGK MERAK JAYA 4
1,195 sqft • RM 213.00 PSF
RM 50,000
Level 3
538 sqft • RM 93.00 PSF
RM 66,000
Level 1
538 sqft • RM 123.00 PSF

No Properties For Sale

There are currently no properties listed for sale in this area.

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