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 |
|---|
|
Lorong Merak 59
|
RM 420,000
|
RM 234
|
1,798 sqft
|
|
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Market Snapshot
ResidentialRM 420,000
RM 234 psfMedian transaction price
14, Taman Merak Jaya, Taman Merak, 14100 Simpang Ampat, Pulau Pinang, Malaysia
MapsTaman Merak Jaya in Seberang Perai Selatan, Penang recorded 1 subsale transactions in 2026, with a median price of RM 420K and a median price per square foot (PSF) of RM 234.
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.
Most transactions involved low-cost flat, with moderate diversity in property types available.
For price per square foot, the median is RM 234, with most transactions between RM 234 and RM 234. The usual range is RM 189.00 to RM 279.00, 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.
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.