LIST

Penang, Seberang Perai Selatan, 14

TAMAN MERAK JAYA

Area Intelligence
2021
Median Price
RM 285,000
PSF: RM 239
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Residential PSF Trends

Median Price

RM 285,000

PSF: RM 239

Commercial PSF Trends

Median Price

RM 625,000

RM 325 PSF

TAMAN MERAK JAYA in Seberang Perai Selatan, Penang recorded 3 subsale transactions in 2021, with a median price of RM 285K and a median price per square foot (PSF) of RM 239.

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 285K, with most transactions falling within a stable range of RM 271K to RM 285K, and a typical market range of RM 255K to RM 285K.

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

For price per square foot, the median is RM 239, with most transactions between RM 223 and RM 255. The usual range is RM 194.00 to RM 284.00, showing that most units are priced quite close to each other. With an IQR of RM 90.00 and MAD of RM 16, 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. Limited transaction history suggests carefully evaluating comparable sales data.

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TAMAN MERAK JAYA, Seberang Perai Selatan, Penang

OSM

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Transactions

3 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
1,150 sqft
Single Storey Terraced
RM 285,000
LORONG MERAK JAYA 53
1,141 sqft · RM 250 PSF
1,200 sqft
Single Storey Terraced
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

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

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