LIST

Penang, Seberang Perai Selatan, 14

TAMAN MERAK JAYA

Area Intelligence
2022
Median Price
RM 265,000
PSF: RM 208
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Residential PSF Trends

Median Price

RM 265,000

PSF: RM 208

Commercial PSF Trends

Median Price

RM 625,000

RM 325 PSF

TAMAN MERAK JAYA in Seberang Perai Selatan, Penang recorded 8 subsale transactions in 2022, with a median price of RM 265K and a median price per square foot (PSF) of RM 208.

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 265K, with most transactions falling within a stable range of RM 231K to RM 299K, and a typical market range of RM 210K to RM 330K.

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

The median PSF stands at RM 208, with core pricing between RM 182 and RM 234. Market pricing typically extends from RM 163.00 to RM 253.00, reflecting moderate variation in unit pricing. With an IQR of RM 90.00 and MAD of RM 26, 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. Significant price variations suggest comparing multiple properties and timing the market carefully. Limited transaction history suggests carefully evaluating comparable sales data.

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TAMAN MERAK JAYA, Seberang Perai Selatan, Penang

OSM

Track location

Transactions

8 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 250,000
LORONG MERAK 60
1,098 sqft · RM 228 PSF
RM 260,000
LORONG MERAK 49
1,098 sqft · RM 237 PSF
1,200 sqft
Single Storey Terraced
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
1,300 sqft
Single Storey Terraced
RM 270,000
LORONG MERAK JAYA 54
1,302 sqft · RM 207 PSF
1,450 sqft
Single Storey Terraced
RM 330,000
JALAN MERAK 5
1,453 sqft · RM 227 PSF
1,650 sqft
Single Storey Terraced
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

No Properties For Sale

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

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