LIST

Penang, Seberang Perai Selatan, 14

TAMAN MERAK JAYA

Area Intelligence
2024
Median Price
RM 332,500
PSF: RM 260
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Residential PSF Trends

Median Price

RM 322,500

PSF: RM 251

Commercial PSF Trends

Median Price

RM 625,000

RM 325 PSF

TAMAN MERAK JAYA in Seberang Perai Selatan, Penang recorded 10 subsale transactions in 2024, with a median price of RM 333K and a median price per square foot (PSF) of RM 260.

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 333K, with most transactions falling within a stable range of RM 260K to RM 485K, and a typical market range of RM 260K to RM 448K.

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

The median PSF stands at RM 260, with core pricing between RM 217 and RM 302. Market pricing typically extends from RM 214.50 to RM 304.50, reflecting moderate variation in unit pricing. The spread of RM 90.00 (IQR) and deviation of RM 42 (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.

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TAMAN MERAK JAYA, Seberang Perai Selatan, Penang

OSM

Track location

Transactions

10 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 340,000
LORONG MERAK 61
1,098 sqft · RM 310 PSF
1,200 sqft
Single Storey Terraced
RM 325,000
LORONG MERAK 64
1,195 sqft · RM 272 PSF
RM 300,000
LORONG MERAK 64
1,195 sqft · RM 251 PSF
RM 320,000
LORONG MERAK JAYA 3
1,195 sqft · RM 268 PSF
RM 300,000
LORONG MERAK JAYA 59
1,195 sqft · RM 251 PSF
1,400 sqft
Double Storey Shop
RM 430,000
JALAN MERAK 5
1,399 sqft · RM 307 PSF
1,550 sqft
Single Storey Terraced
RM 360,000
JALAN MERAK 5
1,550 sqft · RM 232 PSF
2,200 sqft
Single Storey Terraced
RM 420,000
JALAN MERAK 61
2,217 sqft · RM 189 PSF
2,400 sqft
Double Storey Shop
RM 820,000
JALAN MERAK 5
2,400 sqft · RM 342 PSF

No Properties For Sale

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

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