Taman Merak Jaya

14, Taman Merak Jaya, Taman Merak, 14100 Simpang Ampat, Pulau Pinang, Malaysia

Property Transactions

1 subsales grouped by size

Median
RM 799,000
PSF
RM 25
Price Size
Period
transactions middle 50% (P25–P75)
31,950 sqft
Bungalow
RM 799,000
Jalan Pa' Boi
31,973 sqft · RM 25 PSF
Legend Recent Highest Price Highest PSF

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Market Snapshot

Residential

RM 799,000

RM 25 psf

Median transaction price

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14, Taman Merak Jaya, Taman Merak, 14100 Simpang Ampat, Pulau Pinang, Malaysia

Maps

Taman Merak Jaya in Seberang Perai Selatan, Penang recorded 1 Bungalow properties subsale transactions between 2021 and 2026, with a median price of RM 799K and a median price per square foot (PSF) of RM 25.

This area contains both residential and commercial properties. View 82 residential properties or 2 commercial properties separately for more focused analysis.

Price remained flat, and PSF growth was PSF remained flat.

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

For price per square foot, the median is RM 25, with most transactions between RM 25 and RM 25. The usual range is RM 0.00 to RM 69.99, showing that most units are priced quite close to each other. With an IQR of RM 90.00 and MAD of RM 0, the PSF demonstrates reasonable consistency across the market.

Overall, the market in this area appears stable with consistent appreciation, making it an attractive option for both investors and homebuyers. Despite diverse property types, prices remain relatively stable, offering options for different buyer preferences. Limited transaction history suggests carefully evaluating comparable sales data.