TAMAN MURAI JAYA in Seberang Perai Selatan, Penang recorded 0 4-Storey Shop properties subsale transactions between 2021 and 2025 for 4-storey shop properties, with a median price of RM 180K and a median price per square foot (PSF) of RM 170.
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 180K, with most transactions falling within a stable range of RM 49K to RM 311K, and a typical market range of RM 31K to RM 329K.
Within the 4-Storey Shop category, low-cost flat dominated the market, with high diversity across multiple property types.
Price per square foot shows a median of RM 170, though individual units vary from RM 104 to RM 237 in the core range. The broader market spans RM 107.50 to RM 232.50, indicating diverse property characteristics. A wider spread (IQR: RM 125.00) and deviation (MAD: RM 67) 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.
