TAMAN MERBAU JAYA in Seberang Perai Utara, Penang recorded 1 subsale transactions in 2025, with a median price of RM 330K and a median price per square foot (PSF) of RM 300.
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 330K, with most transactions falling within a stable range of RM 298K to RM 362K, and a typical market range of RM 300K to RM 360K.
Most transactions involved low-cost house, though some variety exists in the market.
The median PSF stands at RM 300, with core pricing between RM 258 and RM 342. Market pricing typically extends from RM 258.63 to RM 341.38, reflecting moderate variation in unit pricing. With an IQR of RM 82.75 and MAD of RM 42, the PSF demonstrates reasonable consistency across the market.
Overall, the market in this area appears stable with consistent appreciation, making it an attractive option for both investors and homebuyers. The consistent property type and stable pricing make it easier to assess value and compare trends. Limited transaction history suggests carefully evaluating comparable sales data.