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Penang, Seberang Perai Selatan, 14

TAMAN MERAK JAYA

Area Intelligence
Median Price
RM 300,000
PSF: RM 235
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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 178K to RM 423K, and a typical market range of RM 184K to RM 416K.

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

Price per square foot shows a median of RM 235, though individual units vary from RM 188 to RM 282 in the core range. The broader market spans RM 189.50 to RM 279.50, 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

20 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 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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