Taman Merak Jaya
14, Taman Merak Jaya, Taman Merak, 14100 Simpang Ampat, Pulau Pinang, Malaysia
14, Taman Merak Jaya, Taman Merak, 14100 Simpang Ampat, Pulau Pinang, Malaysia
Property Type
| Road | Price | PSF | Size | Date | Type |
|---|
|
Level G
|
RM 120,000
|
RM 223
|
538 sqft
|
|
|
|
Level 3
|
RM 75,000
|
RM 139
|
538 sqft
|
|
|
|
Level 3
|
RM 90,000
|
RM 167
|
538 sqft
|
|
|
|
Level 3
|
RM 120,000
|
RM 223
|
538 sqft
|
|
|
Lorong Merak 62
|
RM 420,000
|
RM 383
|
1,098 sqft
|
|
|
|
Jalan Merak 5
|
RM 355,000
|
RM 323
|
1,098 sqft
|
|
|
Lorong Merak 64
|
RM 312,000
|
RM 261
|
1,195 sqft
|
|
|
|
Lorong Merak Jaya 2
|
RM 370,000
|
RM 310
|
1,195 sqft
|
|
|
Lorong Merak Jaya 62
|
RM 356,000
|
RM 216
|
1,647 sqft
|
|
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Market Snapshot
ResidentialRM 312,000
RM 223 psfMedian transaction price
14, Taman Merak Jaya, Taman Merak, 14100 Simpang Ampat, Pulau Pinang, Malaysia
MapsTaman Merak Jaya in Seberang Perai Selatan, Penang recorded 9 subsale transactions in 2025, with a median price of RM 312K and a median price per square foot (PSF) of RM 223.
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. The median price is RM 312K, with most transactions falling within a stable range of RM 179K to RM 420K, and a typical market range of RM 195K to RM 420K.
Most transactions involved low-cost flat, with moderate diversity in property types available.
Price per square foot shows a median of RM 223, though individual units vary from RM 150 to RM 296 in the core range. The broader market spans RM 178.00 to RM 268.00, indicating diverse property characteristics. A wider spread (IQR: RM 90.00) and deviation (MAD: RM 73) 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. Limited transaction history suggests carefully evaluating comparable sales data.