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Penang, Seberang Perai Selatan, 14

TAMAN MERAK JAYA

Area Intelligence
Median Price
RM 280,000
PSF: RM 250
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Residential PSF Trends

Median Price

RM 280,000

PSF: RM 250

Commercial PSF Trends

Median Price

RM 625,000

RM 325 PSF

TAMAN MERAK JAYA in Seberang Perai Selatan, Penang recorded 11 subsale transactions between 2021 and 2025, with a median price of RM 280K and a median price per square foot (PSF) of RM 250.

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 280K, with most transactions falling within a stable range of RM 250K to RM 333K, and a typical market range of RM 250K to RM 396K.

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

The median PSF stands at RM 250, with core pricing between RM 201 and RM 299. Market pricing typically extends from RM 205.00 to RM 295.00, reflecting moderate variation in unit pricing. The spread of RM 90.00 (IQR) and deviation of RM 49 (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

OSM

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Transactions

11 transactions grouped by size

View Type

Grouped View Individual View

Property Type

All Types
Categories
Residential Commercial
Specific Types
Single Storey Semi-D Single Storey Shop Single Storey Terraced Double Storey Semi-D Double Storey Shop Double Storey Terraced 3-Storey Shop 4-Storey Shop 5-Storey Shop 6-Storey Shop Cluster House Condo/Apartment Bungalow Detached Factory Flat Industrial Unit Low-Cost Flat Low-Cost House Office Lot SOHO/SOFO/SOVO Semi-D Factory Service Apartment Shop/Retail Lot Terraced Factory Town House

Year

All Years 2025 2024 2023 2022 2021
Popular Ranges
Under RM 300k RM 300k - 500k RM 500k - 750k RM 750k - 1M RM 1M - 2M RM 2M+
Custom Range
Clear

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
Clear
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

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

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