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 207K to RM 420K, and a typical market range of RM 218K to RM 420K.

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

Price per square foot shows a median of RM 286, though individual units vary from RM 215 to RM 356 in the core range. The broader market spans RM 240.50 to RM 330.50, indicating diverse property characteristics. The spread of RM 90.00 (IQR) and deviation of RM 70 (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. Limited transaction history suggests carefully evaluating comparable sales data.

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TAMAN MERAK JAYA, Seberang Perai Selatan, Penang

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Transactions

6 transactions found

Popular Ranges

Under RM 300k RM 300k - 500k RM 500k - 750k RM 750k - 1M RM 1M - 2M RM 2M+

Custom Range

Min Price (RM)

Max Price (RM)

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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

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Max Size (sqft)

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RM 312,000

LORONG MERAK 64

1,195 sqft • RM 261.00 PSF

Jun 2025

RM 420,000

LORONG MERAK 62

1,098 sqft • RM 383.00 PSF

May 2025

RM 370,000

LORONG MERAK JAYA 2

1,195 sqft • RM 310.00 PSF

Apr 2025

RM 355,000

JALAN MERAK 5

1,098 sqft • RM 323.00 PSF

Feb 2025

RM 90,000

Level 3

538 sqft • RM 167.00 PSF

Feb 2025

RM 120,000

Level 3

538 sqft • RM 223.00 PSF

Jan 2025

Road	Price	Land PSF	Land	Date	Type
LORONG MERAK 64	RM 312,000	RM 261.00	1,195 sqft	Jun 2025	Single Storey Terraced
LORONG MERAK 62	RM 420,000	RM 383.00	1,098 sqft	May 2025	Single Storey Terraced
LORONG MERAK JAYA 2	RM 370,000	RM 310.00	1,195 sqft	Apr 2025	Single Storey Terraced
JALAN MERAK 5	RM 355,000	RM 323.00	1,098 sqft	Feb 2025	Single Storey Terraced
Level 3	RM 90,000	RM 167.00	538 sqft	Feb 2025	Low-Cost Flat
Level 3	RM 120,000	RM 223.00	538 sqft	Jan 2025	Low-Cost Flat