Taman Murai Jaya
14100 Simpang Ampat, Pulau Pinang, Malaysia
14100 Simpang Ampat, Pulau Pinang, Malaysia
| Road | Price | PSF | Size | Date | Type |
|---|
|
Lorong Murai Jaya 4
|
RM 490,000
|
RM 273
|
1,798 sqft
|
|
|
Lorong Murai Jaya 4
|
RM 600,000
|
RM 286
|
2,099 sqft
|
|
|
Lengkok Murai Jaya
|
RM 700,000
|
RM 260
|
2,691 sqft
|
|
|
Lengkok Murai Jaya
|
RM 725,000
|
RM 196
|
3,692 sqft
|
|
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Market Snapshot
ResidentialRM 650,000
RM 266 psfMedian transaction price
Taman Murai Jaya, 14100 Simpang Ampat, Pulau Pinang, Malaysia
MapsTaman Murai Jaya in Seberang Perai Selatan, Penang recorded 4 Double Storey Semi-D properties subsale transactions between 2021 and 2026, with a median price of RM 650K and a median price per square foot (PSF) of RM 266.
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 650K, with most transactions falling within a stable range of RM 557K to RM 725K, and a typical market range of RM 496K to RM 725K.
Within the Double Storey Semi-D category, low-cost flat dominated the market, with high diversity across multiple property types.
The median PSF stands at RM 266, with core pricing between RM 232 and RM 301. Market pricing typically extends from RM 205.36 to RM 327.36, reflecting moderate variation in unit pricing. With an IQR of RM 122.00 and MAD of RM 34, 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.