Taman Merbau Jaya
Lorong Merbau Jaya 11, Kampung Lahar Yooi, 13800 Butterworth, Pulau Pinang, Malaysia
Lorong Merbau Jaya 11, Kampung Lahar Yooi, 13800 Butterworth, Pulau Pinang, Malaysia
| Road | Price | PSF | Size | Date | Type |
|---|
|
Lorong Merbau Jaya 5
|
RM 330,000
|
RM 300
|
1,100 sqft
|
|
|
|
Lorong Merbau Jaya 3
|
RM 218,000
|
RM 198
|
1,100 sqft
|
|
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Market Snapshot
ResidentialRM 274,000
RM 249 psfMedian transaction price
Lorong Merbau Jaya 11, Kampung Lahar Yooi, 13800 Butterworth, Pulau Pinang, Malaysia
MapsTaman Merbau Jaya in Seberang Perai Utara, Penang recorded 2 subsale transactions between 2021 and 2026, sized between 1,075 and 1,124 sqft, with a median price of RM 274K and a median price per square foot (PSF) of RM 249.
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 274K, with most transactions falling within a stable range of RM 218K to RM 330K, and a typical market range of RM 244K to RM 304K.
Most transactions involved low-cost house, though some variety exists in the market.
Price per square foot shows a median of RM 249, though individual units vary from RM 198 to RM 300 in the core range. The broader market spans RM 207.73 to RM 290.48, indicating diverse property characteristics. The spread of RM 82.75 (IQR) and deviation of RM 51 (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.