Penang
Seberang Perai Selatan
14
TAMAN MURAI JAYA

TAMAN MURAI JAYA

Area Intelligence

2024

Median Price

RM 82,500

PSF: RM 152

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Residential PSF Trends

Median Price

RM 82,500

PSF: RM 152

TAMAN MURAI JAYA in Seberang Perai Selatan, Penang recorded 2 subsale transactions in 2024, with a median price of RM 83K and a median price per square foot (PSF) of RM 152.

This area consists exclusively of residential properties, with no commercial listings recorded.

Price remained flat, and PSF growth was PSF remained flat. The median price is RM 83K, with most transactions falling within a stable range of RM 45K to RM 120K, and a typical market range of RM 45K to RM 120K.

Most transactions involved low-cost flat, with high diversity across multiple property types.

Price per square foot shows a median of RM 152, though individual units vary from RM 84 to RM 219 in the core range. The broader market spans RM 89.00 to RM 214.00, indicating diverse property characteristics. A wider spread (IQR: RM 125.00) and deviation (MAD: RM 68) 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.

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TAMAN MURAI JAYA, Seberang Perai Selatan, Penang

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