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 6
|
RM 354,000
|
RM 295
|
1,200 sqft
|
|
|
|
Lorong Merbau Jaya 2
|
RM 300,000
|
RM 250
|
1,200 sqft
|
|
|
Lorong Merbau Jaya 3
|
RM 340,000
|
RM 261
|
1,302 sqft
|
|
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Market Snapshot
ResidentialRM 340,000
RM 261 psfMedian transaction price
Lorong Merbau Jaya 11, Kampung Lahar Yooi, 13800 Butterworth, Pulau Pinang, Malaysia
MapsTaman Merbau Jaya in Seberang Perai Utara, Penang recorded 3 Single Storey Terraced properties subsale transactions between 2021 and 2026, with a median price of RM 340K and a median price per square foot (PSF) of RM 261.
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 340K, with most transactions falling within a stable range of RM 317K to RM 354K, and a typical market range of RM 310K to RM 354K.
Within the Single Storey Terraced category, low-cost house dominated the market, though some variety exists in the market.
For price per square foot, the median is RM 261, with most transactions between RM 242 and RM 280. The usual range is RM 219.68 to RM 302.43, showing that most units are priced quite close to each other. With an IQR of RM 82.75 and MAD of RM 19, 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.