Taman Murai Jaya
14100 Simpang Ampat, Pulau Pinang, Malaysia
14100 Simpang Ampat, Pulau Pinang, Malaysia
| Road | Price | PSF | Size | Date | Type |
|---|
|
Jalan Murai Jaya 1
|
RM 400,000
|
RM 167
|
2,400 sqft
|
|
|
Lorong Murai Jaya 4
|
RM 470,000
|
RM 189
|
2,486 sqft
|
|
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Market Snapshot
ResidentialRM 435,000
RM 178 psfMedian transaction price
Taman Murai Jaya, 14100 Simpang Ampat, Pulau Pinang, Malaysia
MapsTaman Murai Jaya in Seberang Perai Selatan, Penang recorded 2 Single Storey Semi-D properties subsale transactions between 2021 and 2026, with a median price of RM 435K and a median price per square foot (PSF) of RM 178.
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 435K, with most transactions falling within a stable range of RM 400K to RM 470K, and a typical market range of RM 400K to RM 470K.
Within the Single Storey Semi-D category, low-cost flat dominated the market, with high diversity across multiple property types.
For price per square foot, the median is RM 178, with most transactions between RM 167 and RM 189. The usual range is RM 116.83 to RM 238.83, showing that most units are priced quite close to each other. With an IQR of RM 122.00 and MAD of RM 11, 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.