TAMAN MERAK JAYA

TAMAN MERAK JAYA in Seberang Perai Selatan, Penang recorded 4 subsale transactions between 2021 and 2025, with a median price of RM 385K and a median price per square foot (PSF) of RM 162.

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 385K, with most transactions falling within a stable range of RM 350K to RM 581K, and a typical market range of RM 350K to RM 501K.

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

Price per square foot shows a median of RM 162, though individual units vary from RM 74 to RM 250 in the core range. The broader market spans RM 117.00 to RM 207.00, indicating diverse property characteristics. A wider spread (IQR: RM 90.00) and deviation (MAD: RM 88) indicate significant PSF variations, likely due to diverse property types or conditions.

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. Limited transaction history suggests carefully evaluating comparable sales data.