TAMAN MERAK JAYA in Seberang Perai Selatan, Penang recorded 2 subsale transactions in 2025, with a median price of RM 105K and a median price per square foot (PSF) of RM 195.
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 105K, with most transactions falling within a stable range of RM -17,500 to RM 228K, and a typical market range of RM -10,625 to RM 221K.
Most transactions involved low-cost flat, with moderate diversity in property types available.
Price per square foot shows a median of RM 195, though individual units vary from RM 148 to RM 242 in the core range. The broader market spans RM 150.00 to RM 240.00, 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. Limited transaction history suggests carefully evaluating comparable sales data.
