LIST

Penang, Seberang Perai Selatan, 14

TAMAN MERAK JAYA

Area Intelligence
Median Price
RM 230,000
PSF: RM 190
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Residential PSF Trends

Median Price

RM 165,000

PSF: RM 188

Commercial PSF Trends

Median Price

RM 625,000

RM 325 PSF

TAMAN MERAK JAYA in Seberang Perai Selatan, Penang recorded 80 subsale transactions between 2021 and 2025, with a median price of RM 230K and a median price per square foot (PSF) of RM 190.

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 230K, with most transactions falling within a stable range of RM 108K to RM 353K, and a typical market range of RM 114K to RM 346K.

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

Price per square foot shows a median of RM 190, though individual units vary from RM 143 to RM 237 in the core range. The broader market spans RM 145.00 to RM 235.00, indicating diverse property characteristics. The spread of RM 90.00 (IQR) and deviation of RM 47 (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

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Transactions

80 transactions grouped by size

View Type

Grouped View Individual View
500 sqft
Low-Cost Flat
RM 110,000
Level 3
510 sqft · RM 216 PSF
RM 50,000
Level 4
510 sqft · RM 98 PSF
550 sqft
Low-Cost Flat
RM 90,000
Level 3
538 sqft · RM 167 PSF
RM 120,000
Level 3
538 sqft · RM 223 PSF
RM 120,000
Level 4
538 sqft · RM 223 PSF
RM 87,000
Level 1
538 sqft · RM 162 PSF
RM 120,000
Level 3
538 sqft · RM 223 PSF
RM 120,000
Level 4
538 sqft · RM 223 PSF
View 31 more transactions
1,100 sqft
Single Storey Terraced
RM 420,000
LORONG MERAK 62
1,098 sqft · RM 383 PSF
RM 355,000
JALAN MERAK 5
1,098 sqft · RM 323 PSF
RM 260,000
LORONG MERAK 61
1,098 sqft · RM 237 PSF
RM 340,000
LORONG MERAK 61
1,098 sqft · RM 310 PSF
RM 250,000
LORONG MERAK JAYA 51
1,098 sqft · RM 228 PSF
RM 330,000
LORONG MERAK 49
1,098 sqft · RM 301 PSF
View 3 more transactions
1,150 sqft
Single Storey Terraced
RM 260,000
LORONG MERAK 52
1,141 sqft · RM 228 PSF
RM 285,000
LORONG MERAK JAYA 53
1,141 sqft · RM 250 PSF
1,200 sqft
Single Storey Terraced
RM 312,000
LORONG MERAK 64
1,195 sqft · RM 261 PSF
RM 370,000
LORONG MERAK JAYA 2
1,195 sqft · RM 310 PSF
RM 325,000
LORONG MERAK 64
1,195 sqft · RM 272 PSF
RM 320,000
LORONG MERAK JAYA 3
1,195 sqft · RM 268 PSF
RM 300,000
LORONG MERAK JAYA 59
1,195 sqft · RM 251 PSF
RM 300,000
LORONG MERAK 64
1,195 sqft · RM 251 PSF
View 8 more transactions
1,300 sqft
Single Storey Terraced
RM 270,000
LORONG MERAK JAYA 54
1,302 sqft · RM 207 PSF
1,400 sqft
Double Storey Shop
RM 430,000
JALAN MERAK 5
1,399 sqft · RM 307 PSF
1,450 sqft
Single Storey Terraced
RM 330,000
JALAN MERAK 5
1,453 sqft · RM 227 PSF
1,550 sqft
Single Storey Terraced
RM 360,000
JALAN MERAK 5
1,550 sqft · RM 232 PSF
RM 300,000
JALAN MERAK 5
1,550 sqft · RM 194 PSF
1,650 sqft
Single Storey Terraced
RM 310,000
JALAN MERAK 5
1,625 sqft · RM 191 PSF
RM 330,000
LORONG MERAK 60
1,647 sqft · RM 200 PSF
RM 300,000
JALAN MERAK 5
1,636 sqft · RM 183 PSF
RM 330,000
LORONG MERAK 62
1,647 sqft · RM 200 PSF
RM 285,000
JALAN MERAK 5
1,658 sqft · RM 172 PSF
1,800 sqft
Single Storey Terraced
RM 300,000
LORONG MERAK JAYA 59
1,798 sqft · RM 167 PSF
2,200 sqft
Single Storey Terraced
RM 420,000
JALAN MERAK 61
2,217 sqft · RM 189 PSF
2,400 sqft
Double Storey Shop
RM 820,000
JALAN MERAK 5
2,400 sqft · RM 342 PSF
2,600 sqft
Single Storey Terraced
RM 350,000
LORONG MERAK JAYA 4
2,594 sqft · RM 135 PSF
2,900 sqft
Single Storey Terraced
RM 350,000
LORONG MERAK JAYA 3
2,895 sqft · RM 121 PSF
31,950 sqft
Bungalow
RM 799,000
JALAN PA' BOI
31,973 sqft · RM 25 PSF

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