LIST

Penang, Seberang Perai Selatan, 14

TAMAN MERAK JAYA

Area Intelligence
2022
Median Price
RM 89,000
PSF: RM 139
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Residential PSF Trends

Median Price

RM 89,000

PSF: RM 139

Commercial PSF Trends

Median Price

RM 625,000

RM 325 PSF

TAMAN MERAK JAYA in Seberang Perai Selatan, Penang recorded 23 subsale transactions in 2022, with a median price of RM 89K and a median price per square foot (PSF) of RM 139.

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.

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

For price per square foot, the median is RM 139, with most transactions between RM 139 and RM 139. The usual range is RM 94.00 to RM 184.00, showing that most units are priced quite close to each other. With an IQR of RM 90.00 and MAD of RM 0, the PSF demonstrates reasonable consistency across the market.

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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Track location

Transactions

4 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
1,450 sqft
Single Storey Terraced
RM 330,000
JALAN MERAK 5
1,453 sqft · RM 227 PSF
1,800 sqft
Single Storey Terraced
RM 300,000
LORONG MERAK JAYA 59
1,798 sqft · RM 167 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

No Properties For Sale

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

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