TAMAN MERAK JAYA

Area Intelligence
Median Price
RM 300,000
PSF: RM 235

Residential PSF Trends

Median Price

RM 300,000

PSF: RM 232

Commercial PSF Trends

Median Price

RM 430,000

RM 307 PSF

TAMAN MERAK JAYA in Seberang Perai Selatan, Penang recorded 36 subsale transactions between 2021 and 2025, with a median price of RM 300K and a median price per square foot (PSF) of RM 235.

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 300K, with most transactions falling within a stable range of RM 277K to RM 300K, and a typical market range of RM 210K to RM 300K.

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

The median PSF stands at RM 235, with core pricing between RM 207 and RM 262. Market pricing typically extends from RM 189.50 to RM 279.50, reflecting moderate variation in unit pricing. With an IQR of RM 90.00 and MAD of RM 27, 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. Some price volatility exists, making thorough market research essential before transacting. Moderate transaction volume may require patience when buying or selling.

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TAMAN MERAK JAYA, Seberang Perai Selatan, Penang

OSM

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Transactions

20 transactions grouped by size

1,100 sqft
Single Storey Terraced
RM 260,000
LORONG MERAK 61
1,098 sqft · RM 237 PSF
RM 250,000
LORONG MERAK JAYA 51
1,098 sqft · RM 228 PSF
RM 280,000
LORONG MERAK 60
1,098 sqft · RM 255 PSF
RM 250,000
LORONG MERAK 60
1,098 sqft · RM 228 PSF
RM 260,000
LORONG MERAK 49
1,098 sqft · RM 237 PSF
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 300,000
LORONG MERAK JAYA 59
1,195 sqft · RM 251 PSF
RM 300,000
LORONG MERAK 64
1,195 sqft · RM 251 PSF
RM 250,000
LORONG MERAK JAYA 59
1,195 sqft · RM 209 PSF
RM 270,000
LORONG MERAK 50
1,195 sqft · RM 226 PSF
RM 210,000
LORONG MERAK JAYA 3
1,195 sqft · RM 176 PSF
RM 250,000
LORONG MERAK JAYA 59
1,195 sqft · RM 209 PSF
RM 285,000
LORONG MERAK 64
1,195 sqft · RM 239 PSF
RM 255,000
LORONGK MERAK JAYA 4
1,195 sqft · RM 213 PSF
1,300 sqft
Single Storey Terraced
RM 270,000
LORONG MERAK JAYA 54
1,302 sqft · RM 207 PSF
1,550 sqft
Single Storey Terraced
RM 300,000
JALAN MERAK 5
1,550 sqft · RM 194 PSF
1,650 sqft
Single Storey Terraced
RM 300,000
JALAN MERAK 5
1,636 sqft · RM 183 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

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

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