Taman Murai Jaya

14100 Simpang Ampat, Pulau Pinang, Malaysia

Property Transactions

5 subsales grouped by size

Median
RM 300,000
PSF
RM 232
Price Size
Period
transactions middle 50% (P25–P75)
550 sqft
LC Flat
RM 120,000
Level G
549 sqft · RM 219 PSF
RM 45,000
Level 2
538 sqft · RM 84 PSF
1,200 sqft
Terrace
RM 350,000
Lorong Murai Jaya 7
1,195 sqft · RM 293 PSF
RM 360,000
Lorong Murai Jaya 7
1,195 sqft · RM 301 PSF
1,300 sqft
Terrace
RM 300,000
Lorong Murai Jaya 1
1,292 sqft · RM 232 PSF
Legend Recent Highest Price Highest PSF

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Market Snapshot

Residential

RM 300,000

RM 232 psf

Median transaction price

Taman Murai Jaya
© OpenStreetMap · CARTO

Taman Murai Jaya, 14100 Simpang Ampat, Pulau Pinang, Malaysia

Maps

Taman Murai Jaya in Seberang Perai Selatan, Penang recorded 5 subsale transactions in 2024, with a median price of RM 300K and a median price per square foot (PSF) of RM 232.

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 300K, with most transactions falling within a stable range of RM 172K to RM 360K, and a typical market range of RM 146K to RM 360K.

Most transactions involved low-cost flat, with high diversity across multiple property types.

Price per square foot shows a median of RM 232, though individual units vary from RM 154 to RM 310 in the core range. The broader market spans RM 171.26 to RM 293.26, indicating diverse property characteristics. A wider spread (IQR: RM 122.00) and deviation (MAD: RM 78) 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.