TAMAN MERBAU JAYA

TAMAN MERBAU JAYA in Seberang Perai Utara, Penang recorded 5 Low-Cost House properties subsale transactions between 2021 and 2025 for low-cost house properties, with a median price of RM 275K and a median price per square foot (PSF) of RM 198.

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 275K, with most transactions falling within a stable range of RM 233K to RM 317K, and a typical market range of RM 245K to RM 305K.

Within the Low-Cost House category, low-cost house dominated the market, though some variety exists in the market.

Price per square foot shows a median of RM 198, though individual units vary from RM 147 to RM 249 in the core range. The broader market spans RM 156.63 to RM 239.38, indicating diverse property characteristics. A wider spread (IQR: RM 82.75) and deviation (MAD: RM 51) indicate significant PSF variations, likely due to diverse property types or conditions.

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.