Taman Murai Jaya
14100 Simpang Ampat, Pulau Pinang, Malaysia
14100 Simpang Ampat, Pulau Pinang, Malaysia
| Road | Price | PSF | Size | Date | Type |
|---|
|
Jalan Merak 2
|
RM 430,000
|
RM 251
|
1,711 sqft
|
|
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Market Snapshot
ResidentialRM 430,000
RM 251 psfMedian transaction price
Taman Murai Jaya, 14100 Simpang Ampat, Pulau Pinang, Malaysia
MapsTaman Murai Jaya in Seberang Perai Selatan, Penang recorded 1 Double Storey Terraced properties subsale transactions between 2021 and 2026, with a median price of RM 430K and a median price per square foot (PSF) of RM 251.
This area consists exclusively of residential properties, with no commercial listings recorded.
Price remained flat, and PSF growth was PSF remained flat.
Within the Double Storey Terraced category, low-cost flat dominated the market, with high diversity across multiple property types.
For price per square foot, the median is RM 251, with most transactions between RM 251 and RM 251. The usual range is RM 190.25 to RM 312.25, showing that most units are priced quite close to each other. With an IQR of RM 122.00 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.