TAMAN MERAK JAYA in Seberang Perai Selatan, Penang recorded 4 subsale transactions between 2021 and 2025, with a median price of RM 385K and a median price per square foot (PSF) of RM 162.
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 385K, with most transactions falling within a stable range of RM 263K to RM 508K, and a typical market range of RM 269K to RM 501K.
Most transactions involved low-cost flat, with moderate diversity in property types available.
Price per square foot shows a median of RM 162, though individual units vary from RM 115 to RM 209 in the core range. The broader market spans RM 117.00 to RM 207.00, indicating diverse property characteristics. A wider spread (IQR: RM 90.00) and deviation (MAD: RM 47) indicate significant PSF variations, likely due to diverse property types or conditions.
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. Limited transaction history suggests carefully evaluating comparable sales data.
