Taman Murai Jaya
14100 Simpang Ampat, Pulau Pinang, Malaysia
14100 Simpang Ampat, Pulau Pinang, Malaysia
| Road | Price | PSF | Size | Date | Type |
|---|
|
Level G
|
RM 120,000
|
RM 219
|
549 sqft
|
|
|
|
Level 2
|
RM 45,000
|
RM 84
|
538 sqft
|
|
|
Lorong Murai Jaya 7
|
RM 350,000
|
RM 293
|
1,195 sqft
|
|
|
|
Lorong Murai Jaya 7
|
RM 360,000
|
RM 301
|
1,195 sqft
|
|
|
Lorong Murai Jaya 1
|
RM 300,000
|
RM 232
|
1,292 sqft
|
|
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Market Snapshot
ResidentialRM 300,000
RM 232 psfMedian transaction price
Taman Murai Jaya, 14100 Simpang Ampat, Pulau Pinang, Malaysia
MapsTaman 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.