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Penang, Seberang Perai Utara, 11

TAMAN MERBAU JAYA

Area Intelligence
Median Price
RM 315,000
PSF: RM 256
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Residential PSF Trends

Median Price

RM 315,000

PSF: RM 256

TAMAN MERBAU JAYA in Seberang Perai Utara, Penang recorded 8 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 285K to RM 300K, and a typical market range of RM 285K to RM 300K.

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 226 and RM 285. Market pricing typically extends from RM 214.13 to RM 296.88, reflecting moderate variation in unit pricing. With an IQR of RM 82.75 and MAD of RM 30, 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.

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TAMAN MERBAU JAYA, Seberang Perai Utara, Penang

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Transactions

4 transactions grouped by size

View Type

Grouped View Individual View

Property Type

All Types
Categories
Residential Commercial
Specific Types
Single Storey Semi-D Single Storey Shop Single Storey Terraced Double Storey Semi-D Double Storey Shop Double Storey Terraced 3-Storey Shop 4-Storey Shop 5-Storey Shop 6-Storey Shop Cluster House Condo/Apartment Bungalow Detached Factory Flat Industrial Unit Low-Cost Flat Low-Cost House Office Lot SOHO/SOFO/SOVO Semi-D Factory Service Apartment Shop/Retail Lot Terraced Factory Town House

Year

All Years 2025 2024 2023 2022 2021
Popular Ranges
Under RM 300k RM 300k - 500k RM 500k - 750k RM 750k - 1M RM 1M - 2M RM 2M+
Custom Range
Clear

Size Range (sqft)

Popular Ranges
Under 1,000 sqft 1,000 - 2,000 sqft 2,000 - 3,000 sqft 3,000 - 5,000 sqft 5,000 - 10,000 sqft 10,000+ sqft
Custom Range
Clear
1,100 sqft
Low-Cost House
RM 218,000
LORONG MERBAU JAYA 3
1,100 sqft · RM 198 PSF
1,200 sqft
Single Storey Terraced
RM 300,000
LORONG MERBAU JAYA 2
1,200 sqft · RM 250 PSF
1,350 sqft
Low-Cost House
RM 265,000
LORONG MERBAU JAYA 7
1,362 sqft · RM 195 PSF
1,650 sqft
Low-Cost House
RM 275,000
LORONG MERBAU JAYA 3
1,650 sqft · RM 167 PSF

No Properties For Sale

There are currently no properties listed for sale in this area.

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