Penang
Seberang Perai Selatan
14
TAMAN MERAK JAYA

TAMAN MERAK JAYA

Area Intelligence

2025

Median Price

RM 333,500

PSF: RM 286

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Residential PSF Trends

Median Price

RM 333,500

PSF: RM 286

Commercial PSF Trends

Median Price

RM 625,000

RM 325 PSF

TAMAN MERAK JAYA in Seberang Perai Selatan, Penang recorded 6 subsale transactions in 2025, with a median price of RM 334K and a median price per square foot (PSF) of RM 286.

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 334K, with most transactions falling within a stable range of RM 319K to RM 120K, and a typical market range of RM 218K to RM 120K.

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

For price per square foot, the median is RM 286, with most transactions between RM 258 and RM 314. The usual range is RM 240.50 to RM 330.50, showing that most units are priced quite close to each other. With an IQR of RM 90.00 and MAD of RM 28, the PSF demonstrates reasonable consistency across the market.

While the area has shown positive growth trends, price variations suggest a more dynamic market. This presents opportunities for investors comfortable with moderate volatility. Some price volatility exists, making thorough market research essential before transacting. Limited transaction history suggests carefully evaluating comparable sales data.

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TAMAN MERAK JAYA, Seberang Perai Selatan, Penang

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