TAMAN MERAK JAYA

TAMAN MERAK JAYA in Seberang Perai Selatan, Penang recorded 39 Low-Cost Flat properties subsale transactions between 2021 and 2025 for low-cost flat properties, with a median price of RM 77K and a median price per square foot (PSF) of RM 143.

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 77K, with most transactions falling within a stable range of RM 55K to RM 99K, and a typical market range of RM 40K to RM 120K.

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

Price per square foot shows a median of RM 143, though individual units vary from RM 102 to RM 184 in the core range. The broader market spans RM 98.00 to RM 188.00, indicating diverse property characteristics. A wider spread (IQR: RM 90.00) and deviation (MAD: RM 41) indicate significant PSF variations, likely due to diverse property types or conditions.

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. Moderate transaction volume may require patience when buying or selling.