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
|
|---|---|---|---|---|---|
| 2023 | |||||
|
Level 2
|
RM 65,000
|
RM 121
|
538 sqft
|
|
LC Flat |
|
Level 4
|
RM 80,000
|
RM 149
|
538 sqft
|
|
LC Flat |
|
Lorong Merak Jaya 59
|
RM 250,000
|
RM 209
|
1,195 sqft
|
|
Terrace |
|
Level 2
|
RM 68,000
|
RM 126
|
538 sqft
|
|
LC Flat |
|
Lorong Merak 50
|
RM 270,000
|
RM 226
|
1,195 sqft
|
|
Terrace |
|
Lorong Merak 58
|
RM 325,000
|
RM 272
|
1,195 sqft
|
|
Terrace |
| 2022 | |||||
|
Level 1
|
RM 55,000
|
RM 102
|
538 sqft
|
|
LC Flat |
|
Level 4
|
RM 48,000
|
RM 89
|
538 sqft
|
|
LC Flat |
|
Lorong Merak 60
|
RM 250,000
|
RM 228
|
1,098 sqft
|
|
Terrace |
|
Level 3
|
RM 80,000
|
RM 149
|
538 sqft
|
|
LC Flat |
|
Level 3
|
RM 75,000
|
RM 139
|
538 sqft
|
|
LC Flat |
|
Level 3
|
RM 60,000
|
RM 111
|
538 sqft
|
|
LC Flat |
|
Lorong Merak Jaya 54
|
RM 270,000
|
RM 207
|
1,302 sqft
|
|
Terrace |
|
Lorong Merak Jaya 59
|
RM 300,000
|
RM 167
|
1,798 sqft
|
|
Terrace |
|
Lorong Merak Jaya 3
|
RM 350,000
|
RM 121
|
2,895 sqft
|
|
Terrace |
|
Level 4
|
RM 40,000
|
RM 74
|
538 sqft
|
|
LC Flat |
|
Lorong Merak Jaya 4
|
RM 350,000
|
RM 135
|
2,594 sqft
|
|
Terrace |
|
Lorong Merak Jaya 3
|
RM 210,000
|
RM 176
|
1,195 sqft
|
|
Terrace |
|
Jalan Pa' Boi
|
RM 799,000
|
RM 25
|
31,973 sqft
|
|
Bungalow |
|
Jalan Merak 5
|
RM 285,000
|
RM 172
|
1,658 sqft
|
|
Terrace |
|
Level 1
|
RM 65,000
|
RM 121
|
538 sqft
|
|
LC Flat |
|
Lorong Merak Jaya 59
|
RM 250,000
|
RM 209
|
1,195 sqft
|
|
Terrace |
|
Level 3
|
RM 75,000
|
RM 139
|
538 sqft
|
|
LC Flat |
|
Lorong Merak 49
|
RM 260,000
|
RM 237
|
1,098 sqft
|
|
Terrace |
|
Jalan Merak 5
|
RM 330,000
|
RM 227
|
1,453 sqft
|
|
Terrace |
|
Level G
|
RM 72,000
|
RM 134
|
538 sqft
|
|
LC Flat |
|
Level 4
|
RM 47,000
|
RM 87
|
538 sqft
|
|
LC Flat |
|
Level G
|
RM 70,000
|
RM 130
|
538 sqft
|
|
LC Flat |
|
Level 2
|
RM 89,000
|
RM 165
|
538 sqft
|
|
LC Flat |
| 2021 | |||||
|
Lorong Merak 64
|
RM 285,000
|
RM 239
|
1,195 sqft
|
|
Terrace |
|
Lorongk Merak Jaya 4
|
RM 255,000
|
RM 213
|
1,195 sqft
|
|
Terrace |
|
Lorong Merak Jaya 53
|
RM 285,000
|
RM 250
|
1,141 sqft
|
|
Terrace |
|
Level 3
|
RM 50,000
|
RM 93
|
538 sqft
|
|
LC Flat |
|
Level 1
|
RM 66,000
|
RM 123
|
538 sqft
|
|
LC Flat |
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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.