Taman Merbau Jaya

Lorong Merbau Jaya 11, Kampung Lahar Yooi, 13800 Butterworth, Pulau Pinang, Malaysia

Property Transactions

3 subsales found · LC House →

Median
RM 330,000
PSF
RM 275
Price Size
RM 354,000
Lorong Merbau Jaya 6
1,200 sqft RM 295 PSF
RM 330,000
Lorong Merbau Jaya 1
1,200 sqft RM 275 PSF
RM 300,000
Lorong Merbau Jaya 2
1,200 sqft RM 250 PSF
Legend Recent Highest Price Highest PSF
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Market Snapshot

Residential

RM 330,000

RM 275 psf

Median transaction price

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Lorong Merbau Jaya 11, Kampung Lahar Yooi, 13800 Butterworth, Pulau Pinang, Malaysia

Maps

Taman Merbau Jaya in Seberang Perai Utara, Penang recorded 3 subsale transactions between 2021 and 2026, sized between 1,175 and 1,224 sqft, with a median price of RM 330K and a median price per square foot (PSF) of RM 275.

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 308K to RM 352K, and a typical market range of RM 300K to RM 354K.

Most transactions involved low-cost house, though some variety exists in the market.

For price per square foot, the median is RM 275, with most transactions between RM 257 and RM 293. The usual range is RM 233.64 to RM 316.39, showing that most units are priced quite close to each other. With an IQR of RM 82.75 and MAD of RM 18, 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.