TAMAN MERBAU JAYA in Seberang Perai Utara, Penang recorded 0 subsale transactions between 2021 and 2025, with a median price of RM 315K and a median price per square foot (PSF) of RM 256.
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 315K, with most transactions falling within a stable range of RM 283K to RM 347K, and a typical market range of RM 285K to RM 345K.
Most transactions involved low-cost house, though some variety exists in the market.
The median PSF stands at RM 256, with core pricing between RM 214 and RM 298. Market pricing typically extends from RM 214.13 to RM 296.88, reflecting moderate variation in unit pricing. The spread of RM 82.75 (IQR) and deviation of RM 42 (MAD) suggest moderate price variations reflecting different property features.
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.
