TAMAN MERAK JAYA

Area Intelligence
Median Price
RM 77,000
PSF: RM 143

Residential PSF Trends

Median Price

RM 77,000

PSF: RM 143

Commercial PSF Trends

Median Price

RM 625,000

RM 325 PSF

TAMAN MERAK JAYA in Seberang Perai Selatan, Penang recorded 39 subsale transactions between 2021 and 2025, with a median price of RM 77K and a median price per square foot (PSF) of RM 143.

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 77K, with most transactions falling within a stable range of RM 55K to RM 99K, and a typical market range of RM 40K to RM 120K.

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

Price per square foot shows a median of RM 143, though individual units vary from RM 102 to RM 184 in the core range. The broader market spans RM 98.00 to RM 188.00, indicating diverse property characteristics. A wider spread (IQR: RM 90.00) and deviation (MAD: RM 41) 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. Moderate transaction volume may require patience when buying or selling.

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TAMAN MERAK JAYA, Seberang Perai Selatan, Penang

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Transactions

39 transactions found

RM 90,000
Level 3
538 sqft RM 167.00 PSF
RM 120,000
Level 3
538 sqft RM 223.00 PSF
RM 120,000
Level 4
538 sqft RM 223.00 PSF
RM 87,000
Level 1
538 sqft RM 162.00 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 100,000
Level 4
538 sqft RM 186.00 PSF
RM 110,000
Level 3
510 sqft RM 216.00 PSF
RM 115,000
Level 2
538 sqft RM 214.00 PSF
RM 100,000
Level G
538 sqft RM 186.00 PSF
RM 72,000
Level 2
538 sqft RM 134.00 PSF
RM 85,000
Level 4
538 sqft RM 158.00 PSF
RM 100,000
Level 1
538 sqft RM 186.00 PSF
RM 80,000
Level 4
538 sqft RM 149.00 PSF
RM 77,000
Level 2
538 sqft RM 143.00 PSF
RM 110,000
Level 4
538 sqft RM 204.00 PSF
RM 87,000
Level 3
538 sqft RM 162.00 PSF
RM 86,000
Level 2
538 sqft RM 160.00 PSF
RM 50,000
Level 4
510 sqft RM 98.00 PSF
RM 65,000
Level 1
538 sqft RM 121.00 PSF
RM 75,000
Level 3
538 sqft RM 139.00 PSF
RM 80,000
Level 4
538 sqft RM 149.00 PSF
RM 65,000
Level 2
538 sqft RM 121.00 PSF
RM 68,000
Level 2
538 sqft RM 126.00 PSF
RM 48,000
Level 4
538 sqft RM 89.00 PSF
RM 55,000
Level 1
538 sqft RM 102.00 PSF
RM 75,000
Level 3
538 sqft RM 139.00 PSF
RM 60,000
Level 3
538 sqft RM 111.00 PSF
RM 80,000
Level 3
538 sqft RM 149.00 PSF
RM 40,000
Level 4
538 sqft RM 74.00 PSF
RM 65,000
Level 1
538 sqft RM 121.00 PSF
RM 75,000
Level 3
538 sqft RM 139.00 PSF
RM 72,000
Level G
538 sqft RM 134.00 PSF
RM 47,000
Level 4
538 sqft RM 87.00 PSF
RM 70,000
Level G
538 sqft RM 130.00 PSF
RM 89,000
Level 2
538 sqft RM 165.00 PSF
RM 50,000
Level 3
538 sqft RM 93.00 PSF
RM 66,000
Level 1
538 sqft RM 123.00 PSF

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

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