TAMAN MERAK JAYA

TAMAN MERAK JAYA in Seberang Perai Selatan, Penang recorded 2 Double Storey Shop properties subsale transactions between 2021 and 2025 for double storey shop properties, with a median price of RM 625K and a median price per square foot (PSF) of RM 325.

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 625K, with most transactions falling within a stable range of RM 430K to RM 820K, and a typical market range of RM 509K to RM 741K.

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

For price per square foot, the median is RM 325, with most transactions between RM 307 and RM 342. The usual range is RM 279.50 to RM 369.50, showing that most units are priced quite close to each other. With an IQR of RM 90.00 and MAD of RM 18, 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.