Taman Murai Jaya
14100 Simpang Ampat, Pulau Pinang, Malaysia
14100 Simpang Ampat, Pulau Pinang, Malaysia
| Road | Price | PSF | Size | Date | Type |
|---|
|
Lorong Murai Jaya 2
|
RM 285,000
|
RM 239
|
1,195 sqft
|
|
|
Lorong Murai Jaya 7
|
RM 240,000
|
RM 173
|
1,389 sqft
|
|
|
Lengkok Murai Jaya
|
RM 725,000
|
RM 196
|
3,692 sqft
|
|
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Market Snapshot
ResidentialRM 262,500
RM 185 psfMedian transaction price
Taman Murai Jaya, 14100 Simpang Ampat, Pulau Pinang, Malaysia
MapsTaman Murai Jaya in Seberang Perai Selatan, Penang recorded 4 subsale transactions in 2021, with a median price of RM 263K and a median price per square foot (PSF) of RM 185.
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 263K, with most transactions falling within a stable range of RM 50K to RM 510K, and a typical market range of RM 108K to RM 417K.
Most transactions involved low-cost flat, with high diversity across multiple property types.
Price per square foot shows a median of RM 185, though individual units vary from RM 131 to RM 238 in the core range. The broader market spans RM 123.61 to RM 245.61, indicating diverse property characteristics. A wider spread (IQR: RM 122.00) and deviation (MAD: RM 54) 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.