TAMAN MERAK JAYA

TAMAN MERAK JAYA in Seberang Perai Selatan, Penang recorded 38 Single Storey Terraced properties subsale transactions between 2021 and 2025 for single storey terraced properties, with a median price of RM 300K and a median price per square foot (PSF) of RM 228.

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 254K to RM 346K, and a typical market range of RM 210K to RM 416K.

Within the Single Storey Terraced category, low-cost flat dominated the market, with moderate diversity in property types available.

Price per square foot shows a median of RM 228, though individual units vary from RM 176 to RM 280 in the core range. The broader market spans RM 183.00 to RM 273.00, indicating diverse property characteristics. The spread of RM 90.00 (IQR) and deviation of RM 52 (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. Some price volatility exists, making thorough market research essential before transacting. Moderate transaction volume may require patience when buying or selling.