Taman Murai Jaya
14100 Simpang Ampat, Pulau Pinang, Malaysia
14100 Simpang Ampat, Pulau Pinang, Malaysia
| Road | Price | PSF | Size | Date | Type |
|---|
|
Level 2
|
RM 98,000
|
RM 182
|
538 sqft
|
|
|
|
Level 3
|
RM 65,000
|
RM 118
|
549 sqft
|
|
|
|
Level G
|
RM 120,000
|
RM 219
|
549 sqft
|
|
|
|
Level 2
|
RM 45,000
|
RM 84
|
538 sqft
|
|
|
|
Level G
|
RM 65,000
|
RM 118
|
549 sqft
|
|
|
|
Level 1
|
RM 58,000
|
RM 106
|
549 sqft
|
|
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Market Snapshot
ResidentialRM 65,000
RM 118 psfMedian transaction price
Taman Murai Jaya, 14100 Simpang Ampat, Pulau Pinang, Malaysia
MapsTaman Murai Jaya in Seberang Perai Selatan, Penang recorded 15 Low-Cost Flat properties subsale transactions between 2021 and 2026, with a median price of RM 65K and a median price per square foot (PSF) of RM 118.
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 65K, with most transactions falling within a stable range of RM 43K to RM 87K, and a typical market range of RM 39K to RM 120K.
Within the Low-Cost Flat category, low-cost flat dominated the market, with high diversity across multiple property types.
Price per square foot shows a median of RM 118, though individual units vary from RM 78 to RM 159 in the core range. The broader market spans RM 57.41 to RM 179.41, indicating diverse property characteristics. A wider spread (IQR: RM 122.00) and deviation (MAD: RM 40) 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.