TAMAN MERAK JAYA

Area Intelligence
Median Price
RM 305,000
PSF: RM 230

Residential PSF Trends

Median Price

RM 300,000

PSF: RM 228

Commercial PSF Trends

Median Price

RM 625,000

RM 325 PSF

TAMAN MERAK JAYA in Seberang Perai Selatan, Penang recorded 40 subsale transactions between 2021 and 2025, with a median price of RM 305K and a median price per square foot (PSF) of RM 230.

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 305K, with most transactions falling within a stable range of RM 211K to RM 399K, and a typical market range of RM 210K to RM 421K.

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

Price per square foot shows a median of RM 230, though individual units vary from RM 175 to RM 285 in the core range. The broader market spans RM 185.00 to RM 275.00, indicating diverse property characteristics. The spread of RM 90.00 (IQR) and deviation of RM 55 (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

40 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 355,000
JALAN MERAK 5
1,098 sqft RM 323.00 PSF
RM 260,000
LORONG MERAK 61
1,098 sqft RM 237.00 PSF
RM 360,000
JALAN MERAK 5
1,550 sqft RM 232.00 PSF
RM 420,000
JALAN MERAK 61
2,217 sqft RM 189.00 PSF
RM 325,000
LORONG MERAK 64
1,195 sqft RM 272.00 PSF
RM 820,000
JALAN MERAK 5
2,400 sqft RM 342.00 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 320,000
LORONG MERAK JAYA 3
1,195 sqft RM 268.00 PSF
RM 430,000
JALAN MERAK 5
1,399 sqft RM 307.00 PSF
RM 340,000
LORONG MERAK 61
1,098 sqft RM 310.00 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 250,000
LORONG MERAK JAYA 51
1,098 sqft RM 228.00 PSF
RM 260,000
LORONG MERAK 52
1,141 sqft RM 228.00 PSF
RM 300,000
JALAN MERAK 5
1,636 sqft RM 183.00 PSF
RM 330,000
LORONG MERAK 60
1,647 sqft RM 200.00 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 300,000
JALAN MERAK 5
1,550 sqft RM 194.00 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 325,000
LORONG MERAK 58
1,195 sqft RM 272.00 PSF
RM 270,000
LORONG MERAK 50
1,195 sqft RM 226.00 PSF
RM 250,000
LORONG MERAK 60
1,098 sqft RM 228.00 PSF
RM 270,000
LORONG MERAK JAYA 54
1,302 sqft RM 207.00 PSF
RM 300,000
LORONG MERAK JAYA 59
1,798 sqft RM 167.00 PSF
RM 350,000
LORONG MERAK JAYA 3
2,895 sqft RM 121.00 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 250,000
LORONG MERAK JAYA 59
1,195 sqft RM 209.00 PSF
RM 285,000
JALAN MERAK 5
1,658 sqft RM 172.00 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 285,000
LORONG MERAK 64
1,195 sqft RM 239.00 PSF
RM 255,000
LORONGK MERAK JAYA 4
1,195 sqft RM 213.00 PSF
RM 285,000
LORONG MERAK JAYA 53
1,141 sqft RM 250.00 PSF

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

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