Taman Murai Jaya
14100 Simpang Ampat, Pulau Pinang, Malaysia
14100 Simpang Ampat, Pulau Pinang, Malaysia
| Road | Price | PSF | Size | Date | Type |
|---|
|
Lorong. Murai Jaya 1
|
RM 348,000
|
RM 291
|
1,195 sqft
|
|
|
|
Lorong Murai Jaya 7
|
RM 290,000
|
RM 243
|
1,195 sqft
|
|
|
|
Lorong Murai Jaya 7
|
RM 350,000
|
RM 293
|
1,195 sqft
|
|
|
|
Lorong Murai Jaya 7
|
RM 360,000
|
RM 301
|
1,195 sqft
|
|
|
|
Lorong Murai Jaya 2
|
RM 285,000
|
RM 239
|
1,195 sqft
|
|
|
Lorong Murai Jaya 1
|
RM 300,000
|
RM 232
|
1,292 sqft
|
|
|
Lorong Murai Jaya 7
|
RM 280,000
|
RM 210
|
1,335 sqft
|
|
|
Lorong Murai Jaya 7
|
RM 240,000
|
RM 173
|
1,389 sqft
|
|
|
Lorong Murai Jaya 4
|
RM 365,000
|
RM 187
|
1,948 sqft
|
|
|
Jalan Murai Jaya 1
|
RM 420,000
|
RM 210
|
2,002 sqft
|
|
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Market Snapshot
ResidentialRM 324,000
RM 235 psfMedian transaction price
Taman Murai Jaya, 14100 Simpang Ampat, Pulau Pinang, Malaysia
MapsTaman Murai Jaya in Seberang Perai Selatan, Penang recorded 10 Single Storey Terraced properties subsale transactions between 2021 and 2026, with a median price of RM 324K and a median price per square foot (PSF) of RM 235.
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 324K, with most transactions falling within a stable range of RM 273K to RM 375K, and a typical market range of RM 240K to RM 420K.
Within the Single Storey Terraced category, low-cost flat dominated the market, with high diversity across multiple property types.
The median PSF stands at RM 235, with core pricing between RM 193 and RM 278. Market pricing typically extends from RM 174.40 to RM 296.40, reflecting moderate variation in unit pricing. The spread of RM 122.00 (IQR) and deviation of RM 43 (MAD) suggest moderate price variations reflecting different property features.
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.