LIST

Penang, Seberang Perai Selatan, 14

TAMAN MERAK JAYA

Area Intelligence
2024
Median Price
RM 190,000
PSF: RM 223
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Residential PSF Trends

Median Price

RM 120,000

PSF: RM 223

Commercial PSF Trends

Median Price

RM 625,000

RM 325 PSF

TAMAN MERAK JAYA in Seberang Perai Selatan, Penang recorded 20 subsale transactions in 2024, with a median price of RM 190K and a median price per square foot (PSF) of RM 223.

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 190K, with most transactions falling within a stable range of RM 110K to RM 270K, and a typical market range of RM 74K to RM 300K.

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

The median PSF stands at RM 223, with core pricing between RM 185 and RM 261. Market pricing typically extends from RM 178.00 to RM 268.00, reflecting moderate variation in unit pricing. The spread of RM 90.00 (IQR) and deviation of RM 38 (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

13 transactions found

View Type

Grouped View Individual View

Property Type

All Types
Categories
Residential Commercial
Specific Types
Single Storey Semi-D Single Storey Shop Single Storey Terraced Double Storey Semi-D Double Storey Shop Double Storey Terraced 3-Storey Shop 4-Storey Shop 5-Storey Shop 6-Storey Shop Cluster House Condo/Apartment Bungalow Detached Factory Flat Industrial Unit Low-Cost Flat Low-Cost House Office Lot SOHO/SOFO/SOVO Semi-D Factory Service Apartment Shop/Retail Lot Terraced Factory Town House

Year

All Years 2025 2024 2023 2022 2021
Popular Ranges
Under RM 300k RM 300k - 500k RM 500k - 750k RM 750k - 1M RM 1M - 2M RM 2M+
Custom Range
Clear

Size Range (sqft)

Popular Ranges
Under 1,000 sqft 1,000 - 2,000 sqft 2,000 - 3,000 sqft 3,000 - 5,000 sqft 5,000 - 10,000 sqft 10,000+ sqft
Custom Range
Clear
RM 260,000
LORONG MERAK 61
1,098 sqft • RM 237.00 PSF
RM 87,000
Level 1
538 sqft • RM 162.00 PSF
RM 120,000
Level 4
538 sqft • RM 223.00 PSF
RM 120,000
Level 3
538 sqft • RM 223.00 PSF
RM 120,000
Level 4
538 sqft • RM 223.00 PSF
RM 73,000
Level 4
538 sqft • RM 136.00 PSF
RM 110,000
Level 3
510 sqft • RM 216.00 PSF
RM 100,000
Level 4
538 sqft • RM 186.00 PSF
RM 300,000
LORONG MERAK 64
1,195 sqft • RM 251.00 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 72,000
Level 2
538 sqft • RM 134.00 PSF
RM 100,000
Level G
538 sqft • RM 186.00 PSF

No Properties For Sale

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

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